Tag Archives: #ProprietorshipTaxation

Is mandatory DSC for proprietor ship in GST?

Requirement of DSC for proprietorship in GST

Introduction The Goods and Services Tax (GST) in India is a comprehensive tax system that affects businesses of all sizes, including proprietorships. To ease the process of GST registration, the government introduced the concept of Digital Signature Certificates (DSC). A question that often arises is whether a DSC is mandatory for proprietorships under the GST… Read More »

What are the tax implications for an individual who becomes a non-resident after 5 years of residency but continues to run a proprietorship business in India?

International taxation

International Taxation International taxation, Taxability of non-resident individual with active business in India If an individual who was a resident of India for 5 years and running a proprietorship business in India becomes a non-resident, the taxability of their business income in India will depend on the source of the income and the residential status… Read More »