Business Express

Tuesday 3 October 2017

Commerce Ministry to Align Foreign Trade Policy With GST

The commerce ministry will come out with a notification to align the foreign trade policy (FTP) with the provisions of the Goods and Services Tax (GST), which will be rolled out from July 1.
The ministry will have to come out with a notification as it has not been able to revise the FTP as was planned earlier. How to apply for gst registration
In a statement, it said that the ministry will release the reviewed FTP in September and not before the GST rollout as was being planned.
It was announced earlier that the mid-term review of FTP would be released before July 1 to align it with the rollout of Goods and Services Tax (GST). GST consultants

for more information visit at: https://goo.gl/tcKeVp

Payroll management services

More than only standard accounting and tax filling services, Brooks Consulting helps in corporate tax filings and annual returns for the companies. We work closely with all our clients as we firmly believe that clear understanding of their business goal is crucial to impart the best payroll management services.
Which system and procedures should be used to effectively deal with your company’s tax commitments? Where do you start? Tax management is daunting and risky undertaking at the best of times but these days businesses also need to combat with economic uncertainty and ever-changing regulatory oversight. Making sure that you have the right workforce in place and are employing the latest technologies to effectively manage your tax obligations, is not an easy task, especially if tax management is not the core job of your company. What’s more, tax deduction is different to different companies, depending on their divergent responsibilities within a company but one thing is certain it can relief even distressing financial burdens that can impede a company’s development. Also, if you are doing business in Europe, you need to make adjustments in compliance with European law. Fortunately, at Brooks Consulting, we can help you answer these tax-related questions. Payroll processing company.

For More Information Visit At: https://goo.gl/4W184i

Procedure For Company Incorporation In India

Types of Business Entities in India

Types of Companies in India - Types of Corporate Entities in India - Types of Legal Entities in India - Options for Foreign Investors Doing Business in India

In India, the following types of business entities are available:

Private Limited Company

We provide consistent services in Private Limited Company Formation in India. We follow well defined service plan and are supported by professionals holding rich industry experience. Incorporation of Company in India includes Private Limited Company Incorporation, Company Registration India. Moreover, we also emphasize on every detail while maintaining close proximity with clients regarding best legal advice. Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.

For more information See: Private Limited Company

Public Limited Company

Brooks Consulting have rich experience in providing services for Formation of a limited Company , Incorporation of Company in India, Online Company Registration in India and Company Registration in Delhi India. As per the governing rules, a ‘Company’ can be registered/setup up in India Formation of public limited where the Incorporation of Company formalities all over India is the same.

For more information See: Public Limited Company

Get more information visit at: https://goo.gl/amkomv

Tuesday 19 September 2017

Procedure for new company registration

We give advice on Company Registration in India and provide the complete solution for Company Formation in India, Private limited Company registration and Company registration in Delhi. Company is a voluntary association of persons formed for the purpose of doing business having a distinct name and limited liability. It is a juristic person having a separate legal entity distinct from the members who constitute it, capable of rights and duties of its own and endowed with the potential of perpetual succession. The Companies Act, 2013, states that 'company' includes company formed and registered under the Act or an existing company i.e. a company formed or registered under any of the previous company laws.
However, company is not a citizen so as to claim fundamental rights granted to citizens.

Company is a 'juristic person' and it can file a suit as an 'indigent person' An Expression 'person' includes not merely a natural person but also other juridical persons. A company being a juristic person would be represented before a Court of law or any other place by a person competent to represent it. It is enough that the person competent to represent a company presents the application on behalf of the company. Minors, lunatics or person under any disability are also entitled to file a suit either through guardian or the next friend. In such a case it is the guardian or next friend who is competent to represent the petitioner.

Read more information visit at: https://goo.gl/2VPa3c

GST experts in India

In what would have come as a relief to ecommerce marketplaces such as Amazon and Flipkart, the proposed tax collected at source (TCS) on them under the goods and services tax (GST) is to be capped at 1%, the GST Council has decided gst experts in India.
The draft law had proposed a levy of 1% without any limit. Mentioning the cap in the law will ensure the levy remains below that level.
“The council has decided to provide for up to 1% TCS,“ a senior government official told ET.
Industry had demanded that TCS be scrapped as it could lead to a steep rise in transaction costs and also discourage ecommerce, but states had wanted the levy.
The TCS provision will allow authorities to track transactions carried out through ecommerce platforms and ensure compliance. Some states such as Karnataka, home to a number of ecommerce players, had proposed this levy for the first time and then subsequently pushed for it within the GST framework. The supplier of goods can set off TCS against its final GST liability. Theoretically, the levy could be even lower than 1%. GST consultants.

For more information visit at: https://goo.gl/HRKiSe

Tuesday 5 September 2017

India's GDP growth Seen picking up to 6.6 PCT but GST fogs outlook

India economic process probably accelerated to six.6 p.c within the quarter simply concluded, however analysts polled by Reuters are sounding more and more distressed that confusion over a replacement product and services tax can dampen activity in coming back months.
The forecast, from a survey of over forty economists condemned the past week, compares with growth of 6.1 p.c within the initial 3 months of the year, the slowest pace in 2 years. The vary of forecasts was wide from five.7 p.c to seven.2 percent. company registration in Delhi
It would leave Asia's third-largest economy behind China, that last reportable growth of half dozen.9 percent; however still among the worlds prime playacting economies.

Prime Minister Narendra Modi's government shocked the country last November by scrapping high-value banknotes, wiping out regarding eighty six p.c of money in circulation, that crimped client demand in a very preponderantly cash-reliant economy.company formation in Delhi

For more information visit at: https://goo.gl/87se1n

Payroll Services For Expatriates

With so many businesses operating on an international level, the number of employees going abroad for the work is proportionately increasing. Managing an expat payroll is indeed an additional payroll accounting challenges; however, it is pivotal to keep international business moving effectively for both employers and workers alike. Whether you are currently running an expat payroll or simply looking for the expansion in the future, Brooks Consulting can provide you with the right candidate. Outsourcing payroll processing

Whether you’re have a multinational company or a sole trader, our glorious years of experience enables us to impeccably review your business structure and make viable recommendations in order to ensure that you perfectly maximize the efficiency of your worldwide operations. Our online Payroll management services will manage it all by :-

Get more information visit at: https://goo.gl/AQS6qs