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What is Registrar of Companies? Functions, Filing, Powers & Jurisdiction

Important Keywords: Registrar of Companies, Registrar of Companies India, What is ROC, ROC Filing, ROC Office, ROC Functions, ROC Meaning, ROC under...

Face Value of Shares: Meaning, Importance, Formula & Difference from Market Value

Important Keywords: Face Value of Shares, Face Value meaning, Face Value of Share, Nominal Value, Par Value, Difference between Face Value and...

Board Meeting Under Companies Act, 2013: Meaning, Rules, Notice, Quorum & Procedure

Important Keywords: Board Meeting under Companies Act 2013, Board Meeting meaning, Board Meeting procedure, Board Meeting quorum, Board Meeting...

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Income Tax Knowledge

What Happens If You Don’t File ITR | Know The Risks

Important Keywords: what if I don’t file ITR, Income Tax Return, ITR filing, file ITR, ITR deadline, ITR penalty, Section 234F, Section 234A, belated return, revised return, updated return, ITR late fees, ITR interest penalty, ITR filing for freelancers, ITR for...

How to Fill ITR 3 Form for AY 2025-26: Complete Filing Guide

What is ITR 3?Who is Eligible to File ITR-3?What is the Due Date for Filing ITR 3?Step-by-Step Guide on How to Fill ITR 3Changes in ITR 3 for AY 2025-26Common Mistakes to Avoid While Filing ITR 3Why Choose Finodha for Filing ITR 3?ConclusionFrequently Asked Questions...

ITR Filing Process | Simplified Guide for Taxpayers

Important Keywords: ITR Filing Process, Simplified Guide for Income Taxpayers, ITR Filing, Income Tax Return Filing Process, Words: 2,200; Read time: 12 minutes. The Complete Guide to the ITR Filing Process What is ITR Filing?Assessment Year vs. Financial YearWho...

How Many Years of ITR Required for a Visa 2025?

Why Is ITR Important for Visa Applications?How Many Years of ITR Are Required for a Visa?Exceptions and Alternate Income Proof OptionsOther Key Documents Often Required Alongside ITRTips to Strengthen Your Visa File with ITRWhat Happens If You Don’t Submit ITR?Filing...

After ITR Processed How Many Days to Refund? Complete Guide to Tax Refund Timeline in 2025

If you have filed your Income Tax Return (ITR) and are now eagerly wondering after ITR processed how many days to refund you will receive your money back, you are not alone. Many taxpayers across India frequently ask this question as they await their tax refunds....

File ITR Online | Fast & Secure Income Tax Return

Important Keywords: File ITR Online, Income Tax Return Online, How to File ITR, Online Income Tax Filing, e-Filing ITR, ITR Filing Process, Documents Required for ITR, ITR Form Selection, E-Verify ITR, ITR Deadline 2025, ITR Filing Mistakes to Avoid, Claim Tax...

How to Save Capital Gain Tax | Tips and Tricks

Important Keywords: How to Save Capital Gain Tax | Tips and Tricks Words: 1,617; Read time: 9 minutes. How to Save Capital Gain Tax: Tax-Saving Strategies for Smart InvestorsWhat is Capital Gains Tax?Short-Term vs. Long-Term Capital GainsExamplesHow to Save Capital...

Why Is There a Delay in ITR Refund? Reasons & Practical Solutions 2025

Understanding the Income Tax Refund ProcessTop Reasons for Delay in ITR Refund1. Incorrect or Unvalidated Bank Account Details2. ITR Form Mismatch or Selection Error3. Mismatch Between Form 26AS/AIS and Filed Return4. Return Marked for Scrutiny or Manual Review5....

How Much Short-Term Capital Gain Is Tax-Free?

Important Keywords: How much short-term capital gain is tax-free, STCG, LTCG, Short term capital gain, Long term capital gain, Short term capital gain tax, Long term capital gain tax, Words: 1,787; Read time: 9 minutes. How Much Short-Term Capital Gain Is Tax-Free? A...

What is ITR 2 in Income Tax? Meaning, Eligibility & Who Should File

If you are wondering what is ITR 2 in income tax, you’re not alone. Many taxpayers get confused about which Income Tax Return (ITR) form to use, especially when their financial situation involves multiple sources of income beyond just salary. Understanding what is ITR...

Can We File ITR for Previous Years? A Complete Guide to Old Return Filing & Condonation Requests

Jun 5, 2025

What is the Time Limit for Filing ITR in India?Can You File ITR for Previous Years?Understanding Condonation Request: When and How to Use ItWhat is a condonation request?When is a condonation request accepted?How to file a condonation request?Who Can Benefit from...

Income in ITR 1: Where to Show Pension Income in ITR 1

Jun 5, 2025

What is Pension Income? Understanding the BasicsIs Pension Income Taxable? Clarifying Taxable Pension RulesWho Can Use ITR 1 to Report Pension Income?Where to Show Pension Income in ITR 1? Step-by-Step InstructionsHow to Report Family Pension If You Receive It?Common...

The Latest

Can We File ITR for Previous Years? A Complete Guide to Old Return Filing & Condonation Requests

Jun 5, 2025

Complete Guide to the Stages of Formation of Company in India

If you want to start a business legally in India, it’s essential to understand the stages of formation of a company. These stages outline the entire journey from selecting a structure to achieving full legal recognition. Within the first few steps of company...

Understanding the Small Company Turnover Limit: Everything You Need to Know

When starting a business, it's important to understand the regulations that apply to your company, especially when it comes to small company turnover limits. The small company turnover limit is a critical factor in determining your compliance requirements and the...

How to Check if a Company is Registered or Not: A Complete Guide to Verifying Company Registration Status

When entering into any business relationship, whether as an investor, partner, or customer, one of the first things you should do is ensure that the company you’re dealing with is legally registered. How to check if a company is registered or not is a question that...

Difference Between Private Limited Company and Public Limited Company: Understanding the Key Distinctions

Understanding the difference between private limited company and public limited company is essential for anyone venturing into business or considering their options for structuring a company. The decision between a private and public company has a long-lasting impact...

Difference Between Corporation and Company: A Clear Guide for Entrepreneurs and Professionals

When starting a business, one of the most crucial decisions you'll make is choosing the right business structure. The difference between a corporation and a company can have significant implications for your business in terms of taxation, ownership, liability, and...

How to Open a Company in India: A Comprehensive Step-by-Step Guide

Starting a business in India can be a highly rewarding venture, but the key to success lies in ensuring you follow the proper steps for company registration in India. Many entrepreneurs are unsure about how to open a company in India and often seek guidance through...

How to Check Company Registration in India: Step-by-Step Guide

When starting a business or engaging in a partnership, knowing how to check company registration is essential to ensure that you're dealing with a legitimate entity. Verifying a company's registration helps protect you from fraud and legal issues, making it an...

Documents Required for Company Registration in India

Starting a company in India involves several steps, and one of the most crucial aspects of the process is gathering the documents required for company registration. Whether you are launching a new business or formalizing an existing one, understanding the paperwork...

Disadvantages of Company: Key Challenges You Must Know Before Registration

Starting a business is an exciting opportunity, but it’s essential to consider the disadvantages of company structures before diving in. While incorporating a business brings several advantages, it also introduces complexities and risks that many entrepreneurs fail to...

What is a Small Company? Definition, Classification, and MSME Comparison Explained

What is a small company? This is a crucial question for entrepreneurs and business owners seeking to navigate India's legal and regulatory frameworks. In simple terms, a small company is a private business that operates under specific thresholds set by the Companies...

How to Read Balance Sheet | A Beginner’s Guide

Jan 23, 2025

Understand how to read balance sheet effectively. Analyze assets, liabilities, and equity to assess the financial position of any business.

How to Prepare Balance Sheet | Easy Steps

Jan 23, 2025

Find out how to prepare balance sheet effectively. Record assets, liabilities, and equity accurately for a clear picture of financial health.

What is Registrar of Companies? Functions, Filing, Powers & Jurisdiction

Important Keywords: Registrar of Companies, Registrar of Companies India, What is ROC, ROC Filing, ROC Office, ROC Functions, ROC Meaning, ROC under...

Face Value of Shares: Meaning, Importance, Formula & Difference from Market Value

Important Keywords: Face Value of Shares, Face Value meaning, Face Value of Share, Nominal Value, Par Value, Difference between Face Value and...

Board Meeting Under Companies Act, 2013: Meaning, Rules, Notice, Quorum & Procedure

Important Keywords: Board Meeting under Companies Act 2013, Board Meeting meaning, Board Meeting procedure, Board Meeting quorum, Board Meeting...

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Misc.

What is Registrar of Companies? Functions, Filing, Powers & Jurisdiction

Important Keywords: Registrar of Companies, Registrar of Companies India, What is ROC, ROC Filing, ROC Office, ROC Functions, ROC Meaning, ROC under...

Understanding Affidavit of Title in Real Estate Transactions: A Simplified Guide for Property Buyers in India

by TeamFinodha | 12 June 2023 | FinTech Articles | 0 Comments

Understanding Affidavit of Title in Real Estate Transactions A Simplified Guide for Property Buyers in India

Circular No. 131/1/2020 – GST: Standard Operating Procedure (SOP) to be followed by exporters -reg.

by Shakshi Bharti | 3 December 2023 | GST, 2020 Circulars, Circulars, Circulars CGST 2020 | 0 Comments

As you are aware, several cases of monetisation of credit fraudulently obtained or ineligible credit through refund of Integrated Goods & Service Tax (IGST) on exports of goods have been detected in past few months.

A Comprehensive Guide to Compliances for Private Limited Companies and GST Registration Requirements

by TeamFinodha | 8 October 2024 | GST | 0 Comments

The structure of the Indian business environment has changed greatly over time and is becoming common to start a firm. Among the different types of types of businesses, a Private Limited Company has one of the leading advantages include limited liability, a legal...

Decoding Cash Flow Statements: Unveiling the Financial Pulse of Companies

by Shakshi Bharti | 23 November 2023 | FinTech Articles | 0 Comments

Delve into the financial heartbeat of businesses with the Cash Flow Statements, a powerful document offering a comprehensive overview of cash movements within a company.

FORM GST DRC – 04: Acknowledgement of acceptance of payment made voluntarily

by Shakshi Bharti | 5 July 2024 | GST, Forms | 0 Comments

GST: The payment made by you vide application referred to above is hereby acknowledged to the extent of the amount paid and for the reasons stated therein.

Section 14. Power to remove difficulties.

by Shakshi Bharti | 18 September 2024 | GST, Acts, Goods And Services Tax (Compensation To States) Act, 2017 | 0 Comments

Provided that no order shall be made under this section after the expiry of 1 [five years] from the commencement of this Act.

Director Identification Number (DIN) in India – Process, Documents, Fees & MCA Rules

by BA. LLB Chandani Singh | 20 April 2026 | MCA | 0 Comments

Learn what Director Identification Number (DIN) is, who needs it, how to apply through MCA (SPICe+ & DIR-3), document, fee, KYC, and legal provisions under MCA.

Decoding Market Dynamics: The Intriguing World of Cross Elasticity of Demand

by Shakshi Bharti | 4 January 2024 | FinTech Articles | 0 Comments

Dive into the intricate web of economic interconnections with Cross Elasticity of Demand, a concept that unveils the dance between the prices and demands of related goods. In this exploration, we decipher the nuances of how one product’s destiny is intertwined with the price fluctuations of another, shaping the strategies that businesses employ in the market.

Unlocking the Benefits of Flexible Spending Accounts (FSAs): A Comprehensive Guide

by Shakshi Bharti | 9 November 2024 | Personal Finance, FinTech Articles | 0 Comments

Flexible Spending Accounts (FSAs) are employer-sponsored financial accounts designed to help employees manage out-of-pocket healthcare expenses.

Understanding Input Tax Credit: A Comprehensive Guide for Indian Businesses

by Shakshi Bharti | 17 December 2024 | Finance & Taxation, FinTech Articles | 0 Comments

Input Tax Credit (ITC) is a significant feature within the framework of the Goods and Services Tax (GST) system in India. It allows businesses to claim credit for the tax paid on inputs used in the production of goods or services.

What is Registrar of Companies? Functions, Filing, Powers & Jurisdiction

Important Keywords: Registrar of Companies, Registrar of Companies India, What is ROC, ROC Filing, ROC Office, ROC Functions, ROC Meaning, ROC under...

Face Value of Shares: Meaning, Importance, Formula & Difference from Market Value

Important Keywords: Face Value of Shares, Face Value meaning, Face Value of Share, Nominal Value, Par Value, Difference between Face Value and...

All Category

The Goods and Services Tax is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.

An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income.

Fintech, compound of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Fintech companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies.

The Ministry of Corporate Affairs is an Indian government ministry primarily concerned with administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008, and the Insolvency and Bankruptcy Code, 2016.

MSME: Manufacturing Enterprises and Enterprises rendering Services.

Micro: Investment in Plant and Machinery or Equipment: Not more than Rs.1 crore and Annual Turnover; not more than Rs. 5 crore.

Small: Investment in Plant and Machinery or Equipment: Not more than Rs.10 crore and Annual Turnover; not more than Rs. 50 crore.

Medium: Investment in Plant and Machinery or Equipment: Not more than Rs.50 crore and Annual Turnover; not more than Rs. 250 crore.