Easy Tax Planner Blogs

How to apply PAN card for a Company? INTRODUCTION A business entity is required to secure various registration and licenses in order to set up its businesses in India. This chapter deals with the list of Mandatory as well as Additional Registration requirements and the Licenses along with their detailed procedures, in order to apprise the readers on the hassle free process of setting up of business in India. Mandatory Registration A permanent account number (in short called as PAN) is a vital document for any taxpayer. It is a 10-character alphanumeric number consisting of letter and digits. PAN card requirements are detailed in the Income Tax Act of 1961. This number is unique to each cardholder and helps identify the income tax payer. It is required for individuals, partnerships and companies. It also serves as an identity proof from Read more…

By easytaxplanner, ago

The Ultimate Guide For Your IEC Code Application INTRODUCTION IE Code IEC registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code. The IE Code must be quoted by importers while clearing customs. Also, banks require the importers IE Code while sending money abroad. For exporters, IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad. Requirement of IE Code Now the first Read more…

By easytaxplanner, ago

HOW TO GET A FOOD LICENSE IN PUNE The Food Safety and Standards Authority of India is responsible for ensuring food safety and security within the country. All food business operators functioning within India need to register with the FSSAI to commence operations and maintain compliance.    The autonomous body works as per guidelines established under Sections 31(1) and 31(2) of the Food Safety and Standards Act, 2006. Since all food business operators in India must register with the FSSAI, business owners need to be aware of the FSSAI registration process. Here’s an in-depth look at everything you need to know about FSSAI basic registration.   All the manufacturers, traders, restaurants who are involved in food business must obtain a 14-digit registration or a license number which must be printed on food packages. What are the Types of FSSAI Registration? Read more…

By easytaxplanner, ago