Documents Required For Shop And Establishment License

Owners of shops or other commercial establishments in India that conduct business must apply for a Shop and Establishment License within 30 days of opening. You can apply for a Shop and Establishment Act License by filing an application in your respective state and it should include the name of the employer, the address of the establishment, the name of the establishment, the category of the establishment, and the number of employees. After the application is submitted and reviewed by the Chief Inspector, a registration certificate will be issued to the owner of the shop or commercial establishment. Whenever a […]

How To Start An E-Commerce Business

Once you have taken into consideration all the advantages, your next thought is how to start the business? What would be the brand name? What are the various permits and licenses required to set up the business? The list goes on. Let’s go through each one of these points one by one. 1. Decide what type of business you will run! The giant E-commerce site Amazon offers multiple products and sellers. However, did you know that the same business can also be carried out with only one set of products and one seller? The first order of business is to […]

Documents Required For Design Registration In India

A brief overview In intellectual property law, a design registration protects against counterfeiting of an article created through an industrial process by securing protection against a new design being applied. In exchange for registration, the designer receives exclusive rights to use the design for a period of ten years, which can be extended for another five years. Design Act, 2000 permits the registration of shapes, sizes, patterns, ornaments, or combinations of colors and lines applied to any article. However, in order to be registered, a design must meet the following requirements: Ideally, it should be new and original. In designing […]

You can register for professional taxes online

in our overview State governments impose professions and trade taxes. Professionals who provide professional services, such as doctors, chartered accountants, lawyers, etc., are not exempt from the professional tax. e individuals earning through any legitimate source of income. The tax must also be paid by all business owners. It is the duty of the proprietor of the business to deduct professional tax from its employees and pay the desired amount to the appropriate State Government’s Professional taxation department. Please note that not all state governments levy this professional tax.In accordance with Section 16 of the Income Tax Act, 1961, a […]

what is Inc 20a

In practice, a Cost Accountant or a Chartered Accountant should verify the information on Form 20A filed by company directors upon initiation of the business. An introduction In accordance with the Companies (Amendment) Ordinance 2018, all companies incorporated on or after 2 November 2018 are required to file a certificate of commencement of business. It is one of the most important compliances to follow because the penalties for non-filing are extremely high. Form 20A is a declaration filed by the directors within 180 days of the company’s incorporation date. Those companies that do not have to file Form 20A Form […]