Company Registration in India

 

If you are planning to start business in India, the first &the foremost step is to establish the legal presence of your business in India by registering it in accordance to the applicable provisions of Companies Act, 2013.

Thinking why to choose Company Registration in India? Company Registration in India will boost the progress of your business and provide an additional edge over those who have not registered.

• Shields from personal liability and protects from alternative risks and losses.
• Attracts more customers
• Procures bank credits and good investment from reliable investors with ease.
• Offers liability protection to protect your company’s assets
• Greater capital contribution and greater stability, increases the potential to grow big and expand
• You will also get Zero Balance Current Account

Why Setup Services India to help you in Registering your Company in India?

The Company Registration process is completely online, so you don’t even have to leave your home to get your entity registered. Our highly qualified professionals ensure that not even a single client at SSI is ever bothered to participate in a cumbersome procedure(s) while doing their business; we take this as our responsibility to solve the complex trails of statutory compliances for you to save your time and effort in doing your business. Want to know more OR have any doubt?? Request a Call Back!

Long term vs short term capital gains tax: Here are key things you should know

 

Asset creation is a goal that most of us strive for throughout our lives, working hard to accumulate assets that will enable us to live a stable and comfortable life. Asset generation and distribution are often governed by laws in a social society, with the government maintaining track of them.

 

The income tax department in India keeps a close eye on assets, and asset owners must pay tax on the assets they own. The purpose of owning assets is to derive financial benefits from them, which can be obtained through sale or lease/rent.

 

 

What is a capital asset as per the law?

 

 

As per Section 2(14) of the IT Act, 1961:

 

Capital Assets have been defined as a property of any kind held by an assesses (Taxpayer) whether connected with his business or profession or not.

 

But excludes the following to be assessed as capital assets:

 

(i) Any stock-in-trade and raw materials held for the purposes of his business or profession

 

(ii) Personal effects, i.e., to say, movable property (including wearing apparel and furniture, but excluding jewellery, archaeological collections, drawings, paintings, sculptures and any work of art) held for personal use by the assesses or any member of his family dependant on him

 

(iii) Agricultural land in India not being situated within the jurisdiction of a municipality or within 8 km. of a municipality as may be notified

 

(iv) Gold bonds

 

(v) Special Bearer Bonds, 1991; and

 

(vi) Gold Deposit Bonds.

 

Get More Info : Online company registration in india

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Website : https://www.setupservicesindia.com/