GST on Popcorn: Analyzing the Impact on Businesses and Consumers Introduction Goods and Services Tax (GST) is one of India’s most significant tax reforms, introduced to create a uniform taxation system across the country. However, its impact varies across different industries and products. One such product that has seen varied tax rates under GST is… Read More »
Introduction Gold has always held a special place in Indian culture, serving as both an investment and a symbol of wealth and prosperity. With India’s affinity for gold, the taxation on gold-related transactions, particularly under the Goods and Services Tax (GST) regime, has been a topic of interest for both investors and traders. One such… Read More »
Introduction Goods and Services Tax (GST) has significantly impacted various industries in India, including the catering business. Whether for weddings, corporate events, or small gatherings, catering services play a vital role in providing food and beverages to customers. However, the taxation of catering services under GST is often misunderstood. In this article, we will explore… Read More »
10 Business Ideas for Women in India : Women in India are increasingly taking charge as entrepreneurs, creating thriving businesses across industries. Whether you’re a homemaker looking for a side hustle or an aspiring businesswoman seeking a scalable venture, there are numerous business opportunities tailored to women’s strengths and interests. Here are ten profitable business… Read More »
OPC Tax Benefits : A One Person Company (OPC) is a unique business structure introduced under the Companies Act, 2013, allowing a single entrepreneur to establish a private limited company with limited liability. This structure is particularly beneficial for small business owners, freelancers, and startups who wish to enjoy the advantages of a corporate entity… Read More »
Private Limited Company Advantages: A Comprehensive Guide Introduction A Private Limited Company (Pvt Ltd) is one of the most preferred business structures in India, offering a balance between limited liability, credibility, and ease of operations. Governed by the Companies Act, 2013, a private limited company provides entrepreneurs with numerous benefits, including legal recognition, financial advantages,… Read More »
The construction industry is one of the largest sectors in India, contributing significantly to the country’s GDP. With the introduction of the Goods and Services Tax (GST) on July 1, 2017, the taxation structure for construction work underwent a major transformation. Earlier, the industry was subject to multiple taxes like Value Added Tax (VAT), Service… Read More »
Cloud kitchens are becoming very popular in India. These kitchens focus only on food preparation and delivery, without dine-in options. If you want to run a cloud kitchen, you must follow food safety rules, including getting an FSSAI license. FSSAI License for Cloud Kitchens in India: This license ensures food quality and builds customer trust.… Read More »
Can LLP issue shares? A Smart Choice for Startups in India A Limited Liability Partnership (LLP) is a popular business structure in India that combines the benefits of a Partnership Firm and a Private Limited Company. Unlike traditional partnerships, LLPs provide limited liability protection, meaning that individual partners are not personally responsible for business debts.… Read More »
Understanding GST on Flat Purchase in India When buying a flat, understanding Goods and Services Tax (GST) is essential as it impacts the total cost of your investment. GST, introduced on July 1, 2017, under the Goods and Services Tax Act, replaced multiple indirect taxes such as VAT, service tax, and excise duty. This brought… Read More »