Abdul Kalam felt strongly about the importance of investing in students for a nation to succeed.. Students are the backbone of any country and as a student Kalam faced many hardships.. His life took him to an unfortunate place in which he had to sell newspapers in order to gain Read more…
Introduction: What is the Difference Between Sole Proprietorship and Partnership? keywords: sole proprietorship, partnership, company ownership Sole proprietorship is a business structure in which the owner is the business’s only shareholder. On the other hand, partnership is a form of company ownership in which there are multiple shareholders. The key Read more…
GST Compliance & How it Affects You as an Individual keywords: how does the new law affect you as an individual GST is a new tax law in India. It was launched on July 1st, 2017 and replaces the previous tax system of Value Added Tax (VAT). The GST Act Read more…
Introduction: What is a Trademark Class? keywords: trademark classes, trademark classes in india, trademark class definition A trademark class is a group of similar trademarks that are registered with the same application number. A trademark class is a group of similar trademarks that are registered with the same application number. Read more…
Why Copyright Registration is Important for Creators, Publishers & Sellers keywords: copyright registration, copyright protection, copyright law Copyright registration is important for creators, publishers, and sellers. It protects their rights to their work and allows them to sell it without fear of being sued by a third party. Copyright registration Read more…
Introduction: What is the Definition of a Proprietorship? keywords: proprietorship, sole proprietorship, tax audit A proprietorship is a business that is owned and operated by a single person. The owner of the proprietorship is known as the “proprietor.” A sole proprietorship is a business that is owned and operated by Read more…
Introduction: What is a Limited Liability Partnership? keywords: limited liability partnership, llp, llc A limited liability partnership is a business entity that combines the pass-through taxation of a partnership with the limited liability of a corporation. Limited Liability Partnerships are an increasingly popular business structure among small businesses, especially in Read more…
Introduction: What is a Partnership and Why do Partnerships Need an Income Tax Return? keywords: business taxes, partnership return, partnership income tax return A partnership is a business entity in which two or more people join together to form a business. Partnerships are not taxed separately, but rather are taxed Read more…
Introduction: What is a Freelancer and Why do They Need to File Taxes? keywords: freelancer taxes, freelance income tax filings, freelancer tax filing requirements Freelancers are self-employed individuals who work for themselves. They are not employed by any company, but instead they work on their own terms. Freelancers are an Read more…
Introduction: What is an Income Tax Return? keywords: what is an income tax return, income tax filing, foreign income tax return An income tax return is a document that summarizes a person’s or business’ income, deductions, and taxes. It is used to calculate the amount of income tax that will Read more…