A very important criterion to be kept in mind while taking a home loan is the Tax benefit on home loan. To explain the tax benefit on home loan, we would be dividing the repayment of home loan into 2 components.

The all powerful council approved the final draft of central GST(CGST) and integrated GST (IGST) and will take up for approval the State GST had Union Territory GST (UT GST) Laws at its next meeting. Some of the features are

LUE ADDED TAX is an indirect tax, which is imposed on goods and service at each stage of production, starting from raw materials to final products. It avoids the double taxation of a direct tax.

In last few months we have seen Indian government working real hard towards promoting use of digital technologies all across the country. Government has clearly shown its plan towards upcoming trends.

One Person Company was recently introduced as a strong improvement over the sole proprietorship. It gives a single promoter full control over the company.

Limited liability Partnerships are growing in number since their introduction in 2008, because the LLP offers nearly all the benefits of a private limited company with none of the downside of a partnership firm.

Service Tax is a tax which is payable on service provided by the service provider just like Excise duty is payable on goods which are manufactured, similarly Service Tax is payable on service provided.

Misdirect payments are a common mistake, and often occur when people get just one digit wrong. In the world of internet banking millions of electronic payments are made every day.

Private Limited Companies are one of the most common and widely accepted company types today. In such companies the minimum number of members are limited to two and maximum number is two hundred.

A sole proprietorship is a business that belongs to a person who single handedly goes into the business. It is a very common kind of business in India as sole proprietorship businesses of a wide range can be easily found here.

Service tax registration Certificate is a mandatory to be obtained for service providers who provided taxable service exceeding Rs.9 lakhs, in the previous financial year.

Only a few months have passed after the beginning of the year 2016 and the year so far has witnessed tremendous efforts towards boosting of the business scenario in India.

Everyone knows that accumulating the desired amount of capital is very basic and crucial requirement of a business. This however also proves to be the most difficult one for a lot of budding entrepreneurs, putting off thousands of dreams.

On the subject of the number of partners in a LLP, the only specification is that it requires minimum 2 partners, no limit on maximum partners.