As we know that GST is talk of the town these days, Government of India notified it w.e.f. 1st July, 2017 except 2 chapters (registration and Composite levy), which were notified earlier w.e.f. 22nd June, 2017.
A company in its lifetime has to ensure three types of compliances-Due date based, Ongoing and Event based. Compliance with all these type of Compliances helps a company to attain the status of being fully compliant.
Einstein is quoted as having said that if he had one hour to save the world he would spend fifty-five minutes defining the problem and only five minutes finding the solution.
Press Note 3 of 2016 issued by DIPP is a masterstroke of regulating a e-commerce model and but making way for many more business models not only for e-commerce entities but also for Indian Startups
The start-up founders motivated by the vision and fuelled by the passion of making it a success usually overlook the rules and regulations laid down by the government to run their segment of business.
LexComply, an all inclusive Compliance Management Software has been launched by RSJ LexSys. The full suite of LexComply consists of intuitive compliance solutions for midsize to small size businesses as well as individually practicing professionals.