What is apprenticeship training?Apprenticeship training refers to a course of training in any industry or establishment. Apprenticeship training consists of basic training (theoretical instructions) and practical on the job training at actual work place. Where can apprenticeship training be undertaken?One can undergo apprenticeship training in any industry/establishments in the Central/State […]Continue reading
Author: Mantosh Singh
GST Update – How to file returns in QRMP scheme?
What is QRMP scheme? QRMP’s full form is “Quarterly Returns with Monthly Payment”. As this name is indicating it’s a scheme newly introduced under GST filing, where taxpayers can file their GSTR 1 and GSTR 3B both returns quarterly instead of monthly. Who can opt for QRMP scheme? All taxpayers […]Continue reading
Office Rental/Lease agreement – Terms & Conditions – Draft/Format/Template
This lease or rent deed made herein <<Address>> on the <<Date>> between <<First party name/Owner>>, <<Address>> (hereinafter referred to as “the Lessor) (Which expression shall unless repugnant to the context thereof, mean and include its successors and permitted assigns) of the one part; AND <<Second party>>, having its registered office […]Continue reading
Clarification on Company’s Director Reimbursement and Role?
Clarification on Company’s Director Reimbursement and Role? 1. How many directors may get reimbursement from the Company? Ans:- There is no restriction all directors can get reimbursement 2. Do the Director need to submit proof and how? Ans:- Yes, through vouchers,bills,letters 3. Director of the company can also work as […]Continue reading
GST Due Dates – After Lock Down – 2020
Government is lifting the Lockdown gradually and in step wise manner and now Taxpayers needs to keep a track of GSTR returns. Government has released a new notification with all the GSTR due dates and late fine provisions updates. We have simplified the notification and here you can find all […]Continue reading
Finally, GSTR-9 and GSTR-9C for FY 2017-18 Extended – GST UPDATE
Considering the difficulties being faced by taxpayers in filing GSTR-9 and GSTR-9C for FY 2017-18 it has been decided to extend the due dates in a staggered manner for different groups of States to 3rd, 5th and 7th February 2020 as under. Notifications will follow. Group 1: Maharashtra, Karnataka, Goa, […]Continue reading
How to Submit Professional Tax – Karnataka ?
What is Professional Tax?Professional tax is a kind of tax which is levied by state government to all kinds of professions, trades, and employment who are functioning in their states. This tax amount levied monthly or yearly based on the income of such profession, trade and employment. Professional tax determined […]Continue reading