start-up

GST Returns

A GST Return is a detailed statement that captures all the financial transactions of a person registered under GST, reflecting revenues and expenditures. It is a mandatory submission for every holder of GSTIN to the tax authorities, allowing them to determine the net tax liability with precision.

File GST Returns?

GST returns must be filed by any business or individual registered under the GST regime. This obligation applies to entities whose annual aggregate turnover surpasses the specified threshold, which is set by the tax authorities and may differ for various classifications of taxpayers, such as standard taxpayers and those opting for the composition scheme.

NITI AAYOG REGISTRATION

NITI stands for National Institution for Transforming India Aayog. This scheme was launched by the Government of India and was introduced in 2015. The main objective was to promote a strong partnership between Non- Government Organizations (NGOs)/Voluntary Organizations (VOs) and the Indian Government.

This portal enables NGOs or VOs to register centrally and facilitates in creating a source of information regarding NGOs or VOs, State-wise or Sector-wise. Government of India keeps record of all the registration process through an online database. And all NGOs/VOs are obligated to register under NITI Aayog for receiving grants under various Government programs. In this article, we shall discuss the NITI Aayog NGO Registration in India.

SHOP REGISTRATION GUMASTA

The State Government governs this license under the Madhya Pradesh Shops and Establishment Act. Gumasta License allows entrepreneurs to start their businesses in a specific place, area or location in Madhya Pradesh. Obtaining Gumasta ensures that your business can grow without complications and it is necessary to open a business account or get a bank loan.

Gumasta license must be attained by all employers having 10 or further workers, under the Madhya Pradesh Shops and Establishment Act. On submission of the operation, the concerned officer will register the establishment in the register of establishments and issue an enrolment certificate along with the Labour Identification Number (LIN).

TRADE MAX REGISTRATION

The Trademark Registration process in India is required if a company or individual intends to protect their logo from misuse by a third party. Trademark Registration would provide a legal right to initiate an action against the third party in case of infringement of trademark. Trademark Registration will also provide an exclusive right to the owner to use it for its products or services. Various types of trademarks can be registered like product marks, service marks, collective marks, certification marks, shape marks, sound marks and pattern marks.

Trademarking your intellectual property not only protects it but you establish yourself as an authoritative and honourable brand. In this digitized world, you gain the most valuable online reputation through the ™ sign along with your brand name, tagline or logo. Experts at Legal251 ensure you are the owner of your property and have complete control over its usage. Get the trusted consultancy from experienced professionals of Legal251.

ISO REGISTRATION

ISO or the International Organization for Standardization can be described as an authority that is responsible for providing standards to certain aspects of measurement. The International Organization for Standardization can help regulate the standard values for particular objects and the companies have to abide by these values to stick to the laws.

IAF CERTIFICATION : The International Accreditation Forum (IAF) is a worldwide association of accreditation bodies and other bodies interested in conformity assessment in the fields of management systems, products, processes, services, personnel, validation and verification and other similar programmes of conformity assessment.

NON-IAF CERTIFICATION : Accreditation bodies whose are not member of IAF and still they can issue the ISO certificates. These certificates are called Non-IAF certificates. These certificates are also world wide accepted. This certificate is required when this is clearly mentioned “ISO Certificate”. Non-IAF certificates are cheaper than IAF..

Trademarking your intellectual property not only protects it but you establish yourself as an authoritative and honourable brand. In this digitized world, you gain the most valuable online reputation through the ™ sign along with your brand name, tagline or logo. Experts at Legal251 ensure you are the owner of your property and have complete control over its usage. Get the trusted consultancy from experienced professionals of Legal251.

PF/ REGISTRATION

Employees Provident Fund is a scheme for the Indian Employees that is controlled by the Provident Funds and Miscellaneous Provisions Act,1952. The Employee Provident Fund is regulated under the umbrella of Employees Provident Fund Organization popularly known as EPFO.

All establishments that have employed 20 or more than 20 employees can apply for PF registration in India. In some cases subject to the circumstances and the exemption establishments employing less than 20 are still eligible for PF registration

ESI REGISTRATION : Employee State Insurance (ESI) registration is a mandatory compliance requirement for businesses in India, governed by the Employee State Insurance Corporation (ESIC). This scheme provides social security and health insurance benefits to Indian workers earning a specified monthly wage, typically extending to their dependents. Depending on the business type and location, it applies to companies with 10 or more employees..

RERA REGISTRATION

RERA (Real Estate Regulatory Authority) was introduced in the year 2016. The purpose of the RERA Act, 2016, is to protect the homebuyer and increase the investments in the real estate industry. The RERA law is implemented in all the states to regulate the real estate sector. The law facilitates fast and effective dispute resolution.

The RERA Act makes it mandatory to register a project with RERA, for the launch of any residential or commercial real estate project where the land area is more than 500 square meters. Registering with RERA helps in creating transparency in the implementation of the projects launched.

IMPORT EXPORT CODE (IEC)

Several procedures & laws and get different Registrations and Licenses. IEC or Import Export Code is one of such requirements when you are thinking of importing/exporting from India and it is also known as Importer Exporter Code. IEC is a 10-digit unique identification number that is compulsory for import to India or export from India. Unless specifically exempted, any individual shall make no import/export without getting IEC Registration.

Hence, IEC Registration Certificate is compulsory for any business involved in the export & import of goods. Therefore, before starting an import of products into India, an importer makes sure that the importing company has GST Registration and IEC Registration Certificates both, of which are required to clear customs.