Compliances YouTubers fails to do

  YouTube is a platform where YouTubers uploads the videos and earns revenue when their video gets minimum viewers. Revenue depends upon the agreement signed with YouTube. Today YouTubers are earning in crores. They works as a freelancer and receives money in their saving bank accounts without taking GST registration. They don’t even think of …

Who should register under the GST Act?

Every supplier shall be liable to be registered under the Act but government has given exemption to small suppliers to get them register under the GST act after crossing the threshold limit. (1) Section 22 mandatorily provides the following conditions where you have to take GST registration if his aggregate turnover in a financial year …

Should Startups go for Private Limited Company? or Should they work as a Proprietor?

These questions confuse every startup and all we get confused when we think of it. It’s a dream of everyone either to work for a brand or create a brand but creation of brand needs Efforts, Right platform and many more. When startup starts their business they usually prefer to go with Private Limited Company …

Buyer shall be liable to pay interest to the seller if payment is not made 45 Days.

Government has enacted’’ The Micro, Small and Medium Enterprises Development Act, 2006’’ (MSMED Act 2006) with the object of promotion of MSME. This act contains many sections which may benefit you. One the important section I read recently is elaborated below: Section 15 of MSMED Act 2006 which states that Buyer shall make payment to …