6 min readNDH-1 vs NDH-2: Public Company Deposits Compliance
When deposit rules apply, return filing, and exemptions for private companies.
Blog
Plain-English guides, checklists and updates for individuals, startups and SMEs.
6 min readWhen deposit rules apply, return filing, and exemptions for private companies.
9 min readThe new regime gets the headlines, but the deduction stack under the old regime still wins for most salaried and small-business taxpayers. We ran the numbers for nine profiles.
8 min readFrom FY 2024-25 onwards, the new tax regime is the default. You can opt for the old regime in any year — the choice is not locked. The break-even depends on your deduction stack: if you use 80C, 80D, HRA, and home loan interest, the old regime usually wins. If your deduction stack is small, the new regime wins.
6 min readOPC gives a solo founder the corporate shield of limited liability without needing a co-founder. The founder is the sole director and shareholder; a nominee is named to take over on death or incapacity. OPC can convert to Pvt Ltd after 2 years. For brand-signal or fundraising, go straight to Pvt Ltd.
6 min readPAN must be linked to Aadhaar to file an income-tax return (with a few exceptions). Link on the e-filing portal via the Aadhaar OTP. After filing, e-verify within 30 days — using Aadhaar OTP, net-banking, or DSC. Once verified, processing typically completes in 20–30 days.
6 min readA partnership deed is the constitutional document of a partnership firm. It covers the names and addresses of partners, the business activity, capital contribution, profit-sharing ratio, interest on capital, partner remuneration, admission / retirement procedures, and dissolution clauses. Stamp duty and registration as per the Indian Stamp Act and Registration Act.
6 min readPayroll for an Indian company intersects four statutory obligations: PF (12% of basic, capped at ₹1,800 employee + ₹1,800 employer for basic ≤ ₹15,000), ESI (0.75% employee + 3.25% employer on gross for gross ≤ ₹21,000), PT (state-specific, typically ₹200/month for salary above the threshold), and TDS (Section 192, computed annually).
6 min readSection 44AD lets resident individuals, HUFs, and partnership firms (other than LLPs) declare income at 8% of cash turnover and 6% of digital turnover when aggregate turnover is up to ₹3 crore. No books, no audit, single advance tax instalment by March 15. The companion trap-piece covers audit risk and deemed income.
10 min readA Pvt Ltd gives you the right brand and fundraising optionality, but at ₹40L revenue the compliance cost is 4-6% of turnover, eating most of your margin. Here is the comparison matrix we use.
6 min readWhich states levy it, employer obligations, and the exemption limit.
8 min readPvt Ltd is best for funded startups, multiple shareholders, and brand-required contracts. LLP is the right choice for professional services firms and small businesses with 2+ partners who want limited liability without the Pvt Ltd compliance load. OPC suits solo founders who want corporate status without a partner.
7 min readReverse charge (Section 9(3) and 9(4) of the CGST Act) makes the recipient of supply liable to pay GST instead of the supplier. The most common triggers: legal services from advocates, GTA from unregistered transporters, rent from unregistered landlords, security services, and import of services.
Our experts reply on WhatsApp and can walk you through any GST, income-tax or compliance topic in your situation.