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This type of income tax is levied on an individual's wages, salaries, and other types of income such as pensions, interest, and dividends.
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Corporate tax is based on a company's taxable profit or net income. A company's operating profit/net profits is the overall sum left with the company after the requisite deduction of different expenditures has been made.
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The sole proprietor will have complete control over the business. He will look after all the aspects of the business. Since only one person is running the business, secrecy can be maintained.
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GST registration can be obtained voluntarily by any person or entity irrespective of turnover. GST registration becomes mandatory if a person or entity sells goods or services beyond a certain turnover.
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Like any other incorporated entities such as partnerships and companies, a proprietorship also must pay tax on its revenue.
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Private limited companies are the most common type of business entity in India. They are easy to form and offer many benefits, including limited liability protection for the owners and a simpler tax structure.
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Tax always comes into play in almost every facet of the business. To avoid surprise losses related to tax, tax advice needs to be sought before you enter into business transactions.
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Goods & Service Tax (GST) is the largest indirect tax reform in India since independence. GST is a pan-India single unified tax on both Goods and Services, levied only on ‘value added’ to goods and services at each stage in the economic supply chain.
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A lawyer who gives legal counsel to organizations is known as legal advisor. A legal advisor holds a specialization in the particular areas of law.
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Buying a plot might seem like a simple exchange of money and land between a buyer and a seller.
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A flat, similar to an apartment, is a housing unit that's self-contained but is part of a larger building with several units.
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An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization.
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An agreement for sale of a house is a legal contract between seller and purchaser regulating the mutual promises made by each party. It is a formal document that evidences the sale and purchase of immovable property(house).
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