What is A Private Limited Company?
What is A Private Limited Company? If you’re planning to start a business, you’ve probably heard the term “Private Limited Company.” But what does it really mean? It’s a type of business that is privately owned and has limited liability. This means the company and its owners are considered separate entities, ensuring that the personal […]
How to Get Money Lending License?
How to Get Money Lending License? Are you planning to start a money lending business in India? If yes, then getting a Money Lending License is the first and most important step. Without this license, lending money legally is not allowed and may lead to penalties. In this blog, we’ll explain about everything on how […]
How to Start One Person Company in India?
How to Start One Person Company in India? Thinking of starting your own business, but don’t want partners? A One Person Company (OPC) is the best option for you! With just one person, you can enjoy the benefits of a private company without too many complications. In this blog, I’ll walk you through everything — […]
Difference Between Private Limited & Public Limited Company
Difference Between Private Limited & Public Limited Company A Private Limited Company is a type of business that’s owned by a small group of people — at least two people are needed to start it. In comparison, a Public Limited Company is open to the general public, and you need a minimum of seven people […]
TDS on Benefit in Respect of Business or Profession – Section 194R
TDS on Benefit or Perquisite in Respect of Business or Profession (Section 194R) [As per Circular No. 12 of 2022]Need to Introduce Section 194R• As per Section 28(iv), the value of any perquisite or benefit arising from business or profession is to be charged as business income in the hands of recipients.• However, in many […]