New Corporate Income Tax Rates & Benefits | Existing Companies - 22% | New Domestic Manufacturing Companies 15%

A new domestic company incorporated on or after 1st October 2019 making fresh investment in manufacturing, will have an option to pay income-tax at the rate of 15%. An existing domestic company has an option to pay income-tax at the rate of 22% subje..

Different Types of Business Organizations in India

There are several forms of business organizations in India viz, Limited Company, Limited Liability Partnership (LLP), Partnership Firm and Sole Proprietorship. When selecting a business organisation, one must analyse the suitability of a particular t..

Dividend Distribution Tax (DDT) & Income Tax on Dividend Income

Dividend distributed by an Indian Company is exempt from income tax in the hand of shareholder subject to certain limits. Dividends paid by an Indian company are subject to Dividend Distribution Tax (DDT) to be paid by the company that distributes di..

Private Limited Company

Private Limited Company the most common incorporated business organisation available for business. It is generally called as a ‘Private Company’. In India, Companies are incorporated under the provision of Companies Act, 2013 by office of Registr..

Stamp Duty on LLP Agreement – All States in India

LLP Agreement is required to be stamped as per stamp duty rate payable under respective State where the LLP is registered. Stamp duty for LLP Agreement should not be paid on MCA Portal. The Stamp Duty payable for LLP Agreement is a State subject and ..