Compliance

Including Government Fee

If an LLP is to initiate winding up voluntarily, then the LLP must pass a resolution to wind up the LLP with approval of at least three-fourths of the total number of Partners

PF contributions can only be withdrawn by the employee at the time of his/her retirement, barring a few exceptions

Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers

All employers having 10 or more employees are required to be registered with Employee State Insurance (ESI) Corporation

Professional tax is usually a slab amount based on the gross income of the professional

GST has been implemented in India from 1st July 2017

GST has been implemented in India from 1st July 2017

GST has been implemented in India from 1st July 2017

GST annual return filing is mandatory for all entities having GST registration, irrespective of business activity or sales or profitability during the return filing period

Some of the most common reasons for cancellation of GST registration are closure of business, no requirement to pay GST, transfer of business, change in constitution and no business activity

All the additional places of business need to be added to the GST registration certificate in order to legally conduct business from those respective premises

Payroll processing and HR management is a highly complex task for most small businesses due to the various compliance requirements in India