Non-Government Organizations, NGO are those entities
which work for charitable purposes without an aim for any profits for self. In
India, NGOs can be registered as any of the following:
1. Trust under Indian Trusts Act, 1882
Society under Societies Registration Act 1860
Section
8 Company under
Companies Act, 2013
An NGO can be formed as a Public Trust
(charitable...
What is TDS and when it is required to file TDS return?
TDS stands for Tax Deducted at Source. It is
a type of indirect form of advance tax which is deducted from the earnings of
Individual or organization prior to the amount is credited in account. Through
imposing tax on the income of individual/ organization, our government generates
revenue.
Rules & regulations regarding TDS are
governed by the provisions of Income Tax Act, 1961. It is applicable...
Gst- One Government One Tax, This Article On GST- One Solution
What Is GST Registration?
GST registration is an
official regime in which the businesses whose turnover for the business is more
than INR 2,000,000 (20 Lakhs) has to register themselves as normal taxable
corporate entity. If the organization is not registered under GST regime it
will be treated as an offence under the corporate laws and the business will be
penalised heavily for it. The normal...
Everything you need to know about share purchase agreement
A Share purchase
agreement (SPA) is a type of agreement under which terms and conditions are set
out in relation to sale and purchase of shares in a company. It is mainly a
contract of sale and purchase of share capital of the company. Under this,
buyer is liable to pay certain amount i.e. Purchase price and thereafter share
purchase agreement is executed. There is a requirement to review stamp...
Why is Non-Disclosure Agreement Required?
Non-Disclosure Agreement
Any written agreement executed between two or more parties
with an intention to restrict the parties from disclosing any kind of
proprietary or sensitive information is known as Non-Disclosure agreement.
Such agreements have binding clause which are applicable on
either one of both the parties named in the agreement. Thus not only restricts them from sharing
such...
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