Required documents for removal of company name by Form STK2
Form STK-2 has been introduced by the Ministry of Corporate Affairs or MCA. It intends to eradicate name from the register of companies. It was made available to the users from April 5th onwards. The MCA introduced Sections ranging from 248 to 252 of the Companies Act, 2013. As per this company, names can be successfully …
Appointment of First Auditor
Any company requires the fulfillment of its financial accounts and accounting dealings in accordance with the accurate laws. It is the duty of an auditor to keep a track on the modifications that are amended now and then. The auditor follows the provisions cited in Companies Act 2013 Act and ensures that the company is conforming to the existing set of …
Steps to register startup under Startup India
A recently recognized business introduced by an individual or unit of individuals is referred as a start up business. Startup companies are well known for providing new products or services which are unique in nature. Prime Minister of India Narendra Modi, initiated the growth of Startup India Movement. It was introduced on January 16, last year and was …
Annual compliances for One person Company and other Small Private Companies
The Companies Act, 2013 dictates that any individual who is the sole owner or founder can successfully start a company under One Person Company or OPC. According to this Act, only a single entity can function as the shareholder and as the director. Earlier, the Companies Act, 1956 demanded that a private limited company …
Concept of Form 16- Filing of Income Tax Return by uploading Form 16
The TDS certificate that an employer hands out when TDS is with held by them is referred as the Form 16. On deduction of TDS from salaries by the employer, the income tax act demands a certificate from the employer. This will contain the details of deducted tax and deposited tax, which is …