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Service Tax and New Service Tax Rate

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Service Tax & new Service Tax Rate The meaning and applicability of Service Tax has been explained below in simple words for Beginners When we use any service be it a phone bill payment or Hire a room in a hotel we have to pay out little more than the actual rates charged. Ever wondered […]

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llp advantages and disadvantages

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llp advantages and disadvantages Meaning Limited Liability Partnership entities, the world wide recognized form of business organization has been introduced in India by way of Limited Liability Partnership Act, 2008. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. In an […]

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Key Incorporation Requirement

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Key Incorporation Requirement Partners Contribution Designated Partners Partner Atleast 2 persons (natural or artificial) are required to form a LLP. In case any Body Corporate is a partner, than he will be required to nominate any person (natural) as its nominee for the purpose of the LLP. Following can become a partner in the LLP […]

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LLP Agreement and Registration

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LLP Agreement and Registration LLP Agreement For the purpose of forming a LLP, there should be agreement between the partners interested in forming the LLP to be known as LLP Agreement. The said Agreement forms the basis of the formation of LLP and lays down its founding structure. The LLP agreement is an agreement between […]

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LLP DIN and DSC

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LLP DIN and DSC Director Identificaton Number Every Designated Partner is required to obtain a DIN from the Central Government. If a person already has a DIN, the same can be used for forming LLP. The Direction Identification Number would be used as Unique Identification for the Designated Partner also. Digital Signature Certificate All the […]

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Benefits Of LLP

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Benefits Of LLP Following reasons can help you decide, why you should go for an LLP: Renowned form of business: Though the concept of Limited Liability Partnership has been recently introduced in India but it is very known concept in other countries of the world especially in service sector. Easy to Form: It is very […]

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Kisan Vikas Patra Tax Benefit

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Kisan Vikas Patra Tax Benefit Kisan Vikas Patra is that mode of investment which allows interest on the amount invested by any person and accumulates it till the maturity of the policy. This Kisan Vikas Patra tax benefit can be utilized by any person. For this a person has to fill up a Kisan Vikas […]

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Kisan Vikas Patra Transfer

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Kisan Vikas Patra Transfer Transfer From one Post Office to Another A certification can be moved from 1 Post Office and from where that was bought to any different Post Office from the owner or owners by making it program in form set down through the Posts Director General at these either of 2 Post […]

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How and Who Can Invest in KVP

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How and Who Can Invest in KVP How to Invest You can make an investment to KVP (Kisan Vikas Patra) through demand drafts or cheques. Once you walk into your nearest post office, you can meet up with the person who is responsible for KVPs.  You can get the required form from him. Once you […]

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Loan on Kisan Vikas Patra

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Loan on Kisan Vikas Patra Investments in KVPs (Kisan Vikas Patras) cannot be done by companies, institutions or business groups. Hindu Undivided Families and NRI citizens too cannot invest in these. When KVP reaches its maturity time, the investor gets full return on his investment, because the interest on accrued KVP income, though taxable, has […]

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