October 6, 2026
India classifies a business as micro, small or medium using two tests: investment in plant and machinery or equipment, and annual turnover. Under the limits effective from 1…
October 6, 2026
An NOC from the property owner is a signed letter saying the owner has no objection to the premises being used as the registered office of a company.…
October 6, 2026
A current account is a bank account built for business use. It allows unlimited transactions, overdraft facilities in many banks, and no interest on balances. Companies, LLPs, firms…
October 6, 2026
GSTR-1 is the statement of your sales (outward supplies), invoice by invoice. GSTR-3B is the summary return where you report your tax liability, claim input credit and pay…
October 6, 2026
An AGM is the yearly meeting where a company’s shareholders come together with the directors. They receive the financial statements, appoint or reappoint auditors, deal with dividend and…
October 6, 2026
A Digital Signature Certificate (DSC) is an electronic ID that lets you sign documents and filings online. Class 2 and Class 3 are the two grades most businesses…
October 6, 2026
The Articles of Association (AOA) are a company’s internal rulebook. They set out how the company is run: how directors are appointed, how meetings are held, how shares…
October 6, 2026
CSR, or Corporate Social Responsibility, is a legal duty under Section 135 of the Companies Act, 2013. Companies that cross certain size limits must set up a CSR…
October 6, 2026
AOC-4 is the form a company uses to file its financial statements with the Registrar of Companies. MGT-7 is the annual return, which records shareholders, directors, meetings and…
October 6, 2026
GST registration becomes compulsory once your yearly turnover crosses a set limit. For most states that is Rs 40 lakh for suppliers of goods and Rs 20 lakh…