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Compliance Requirements In Maintaining Payroll Records

Many of the acts are silent on this as to how long the payroll records need to be maintained. However, The Payment of Wages Rules, 1937, and The Minimum Wages Central Rules, 1950 mandate to maintain payroll records for a period of three years after the date of the last entry made therein. Whereas, The Employees’ State Insurance Regulations, 1950, mandates the employer to preserve the records for a period of five years from the date of last entry therein.

Your Complete Manual For Sale Deed Registration

The Sale Deed must be registered by submitting all the necessary documents to the Sub-Registrar Office of the jurisdiction where the real estate is located. The Parties must affix their signatures or thumb impressions along with two voluntary witnesses during the time of registering the Sale Deed. Nowadays, several States provide an online facility for Sale Deed Registration without needing to visit an Office. Before going to the Sub-Registrar Office, it is important to ensure that enough stamps are there in the Sale Deed Document. The final step to obtaining the Sale Deed is to collect the Sale Deed Online or by visiting the Sub-Registrar Office after the prescribed number of days.

What is a legal notice?

The legal notice is a formal and written legal document that is drafted on legal terms and conditions by an aggrieved party who has suffered some type of civil injury and is sent to the opposite party. His intention of undertaking legal proceedings against the latter.

Need Of Cookie Law In India

We all have seen and experienced whenever we open any website for any research purpose or information, the website asks us to “accept cookies for better experience” and on accepting, we get to see all the information without any restriction. Most of us still don’t know what cookie is and how it works. So, let's know more about cookies.

REPLY TO A LEGAL NOTICE UNDER SECTION 138

INTRODUCTION The legal notice is essentially a formal document served to the individual for the course of initiating the legal proceeding against the concern if the demands mentioned in the notice are not fulfilled. Therefore, the object of serving the legal notice is to notify the party concerned about the intention of initiating the legal…

Definition Of Limited Liability Partnership

In India, the options for conducting business were always a company, a sole proprietorship, or a partnership. A new corporate form that would serve as an alternative to these was deemed to be necessary given the expansion of the Indian economy. We looked at a new type of business organisation called a “Limited Liability Partnership” because of the limitations of partnerships and the rigidity of company forms of business.

Terms of service of a website

Developing a beautiful website is an exciting experience. When thinking about patting yourself on the back just after pouring out all your creativity on a beautiful landing page, halt! Have you thought about a tea table discussion with your boring legal team to frame the website's Terms of service?

What If Your Works Are Being Stolen- Answer Is Copyright Registration

Intellectual property is any music, literary work, art, invention, symbol, name, picture, design, copyright, trademark, patent, etc. created by any person or organization. As one can own physical property in the same way one can also own intellectual property. Intellectual property rights are provided for this and one of the ways to get intellectual property rights is to get your work registered under Copyright Act.

Complete Description About Trademark Objections

The term “trademark” is defined under the Trademark act,1999. Section 2(1) (zb) stated that the trademark is the mark, which is represented by the different shape, size, color, word, slogan etc. that create a difference between the goods or services from one person choose of others. A trademark registration is to be done so that the no other person can used another person trademark for its own benefit.

Start Your Own NBFC Lending Business - The Complete Guide To NBFC Registration

This has resulted in increased demand for NBFC loans and increased NBFC Registrations. NBFC incorporation has increased dramatically in recent years and now plays a critical role in the financial sector's growth. The primary reasons for this are the availability of tailored loan products, customer-friendly loan policies, faster loan processing, advanced technology, and digital reach.

Unfolding The Purview Of Legal Retainership

It is normal practice for anyone searching for a legal retainers (or a lawyer’s) administration to pay a retainer (all the more usually known as a "retainer expense") for seeing their case directly through the end. A legal retainership expense can include either a solitary instalment ahead of time or repeating portions (which can be week after week or month to month, contingent on the understanding).

Cheque Bounce A Horror Story For The Drawer

“Cheque is bounced when a person (Drawer), to discharge his debts, draws a Cheque from his account, in the favour of another person (Payee) and the same Cheque is returned by the bank unpaid, either due to the reason of the inadequate amount or due to the reason that the Cheque demands an amount that is more than the Drawer’s entitled limit.

Pros and Cons of a Last Will

A Will is a legal declaration of a person expressing posthumous disposition of his/her property. The laws for the same are given under Indian Succession Act, 1925. This law applies to every citizen of India except Muslims. Unlike everyone else, a Muslim person, under Muslim personal laws can make a Will only to the extent of one-third of his total property.

GST E-invoicing A Step Towards Digitalisation

GST e-invoicing is also known as the electronic-invoicing. It is a mechanism under which transaction between Business to Business (B2B) generates e-invoices. It is a way through which businesses can generate e-invoices by using software and another can easily view that same invoice without any difficulty. This mechanism is mandatory for the businesses to follow to avoid disadvantageous consequences. These e-invoices are digitally validated by GST Network before being used on the government GST portal. This mechanism is initiated mainly to deal with the increasing GST evasion.

Understanding the notion of TDS Return

Section 191 of the Income Tax Act of 1961 establishes the TDS (Tax Deducted at Source) as a method for the income tax department to collect income tax. This was introduced by the Income Tax Department with the concept to collect tax at every source of income. A TDS return is a statement that includes all the relevant information, including full details of the payment made, taxes and TDS deducted, and other necessary information. A TDS Return includes fields like PAN No., Total payment done, TDS Amount Deducted, Type of payment, etc. It is required for an assessee who has deducted TDS to file a quarterly TDS Return. According to Section 200(3) of Income Tax Act, the due date of filing TDS return (online as well as offline) is on a quarterly basis for four times a year.