Section 8 Company Registration

Section 8 Company Registration A company is referred to as a "Section 8" company when it is registered as a non-profit organization (NPO), i.e., when it has the motive of promoting arts, commerce, education, charity, protection of the environment, sports, science,…

Limited Liability Partnership (Amendment) Act, 2021

Limited Liability Partnership (Amendment) Act, 2021 Recently, on 13th August 2021, the President approved the Limited Liability Partnership (Amendment) Bill, 2021. Accordingly, post receipt of the assent, the same became the Limited Liability Partnership (Amendment) Act, 2021. The key points…

Rights and Duties of Partners in a Partnership Firm

Rights and Duties of Partners in a Partnership Firm The mutual relations between the partners of a firm comes into existence through an agreement between the said partners. This gives rise to mutual right and duties to every partner involved…

LLP Tax Filing – Income Tax Rate & 2017 Deadline

LLP Tax Filing - Income Tax Rate & 2017 Deadline LLP or Limited Liability Partnership is a corporate entity formed under the Limited Liability Partnership Act, 2008. LLPs have a separate legal identity from that of its partner like a…

LLP Formation Procedure in India

LLP Formation Procedure Limited Liability Partnership (LLP) is a newly introduced corporate entity type in India aimed at small and medium-sized businesses. An LLP provides many of the benefits of a Private Limited Company while being easier to maintain compliance.…