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The law relating to partnership firm in India is prescribed in the Indian Partnership Act of 1932. This Act lays down the rights and duties of the partners between themselves and other legal relations between partners and third persons, which are incidental to the formation of a partnership. Thus, the Act establishes the position of a partner as well as a partnership firm vis-à-vis third parties, in legal and contractual relations arising out of and in the course of the business of a partnership firm. In this article, we look at the various aspects of running a partnership firm in India in detail.

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The acronym RERA stands for Real Estate Regulatory Authority (“RERA”) which is established under the Real Estate (Regulation & Development) Act (“Act”). This Act was introduced in the year 2016 to regularise the problems existing in the real estate sector. The Act will be implemented at the State level, and the governing authorities are responsible for the following: 1.Registration and other related approvals for the registration under RERA of commercial properties and residential flats. 2.Regulating the sale and purchase transactions of real estate properties.

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Setting up a private limited company is one of the highly recommended ways to start a business in India. This type of company offers limited liability for its shareholders with certain restrictions placed on the ownership. An LLP has partners, who own and manage the business. Whereas in private limited company registration, directors may be different from shareholders.

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TDS Registration TDS stands for Tax Deduction at Source. Between the deductor and the tax administration, it is easy to share the responsibility of tax collection. A certain regular inflow of cash is also made to the Government. It acts as the power source to avoid tax evasion and enlarge the tax net as an audit trail is created which is provided by it.

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GST Registration: Get Help Registering for the Goods and Services Tax The Goods and Services Tax (GST) is a new tax system that was implemented in India in 2017. GST is a destination-based consumption tax that is levied on the supply of goods and services. If you are a business that supplies goods or services in India, you may be required to register for GST. The registration process can be complex and time-consuming, but it is essential to ensure that you are compliant with the GST laws. Our team of experienced professionals can help you with the GST registration process. We can help you determine if you are required to register for GST, file the necessary paperwork, and obtain the required certificate of registration. We can also help you with ongoing compliance requirements. Contact us today to learn more about our GST registration services. We can help you get your business registered for GST quickly and easily.

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GST Registration\TDSRegistration Are you starting a business? If so, you need to register your business with the appropriate government agencies. The registration process can be complex and time-consuming, but it's an essential step in starting your business. Our team of experienced professionals can help you with the business registration process. We can help you choose the right business structure, file the necessary paperwork, and obtain the required licenses and permits. We can also help you with ongoing compliance requirements. Contact us today to learn more about our business registration services. We can help you get your business up and running quickly and easily.

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