Trademark Class 3: Bleaching preparations and other substances for laundry use; cleaning; polishing; scouring and abrasive preparations; soaps; perfumery, essential oils, cosmetics, hair lotions, dentifrices are included in trademark class 3.
FDI in LLPs is permitted subject to the following conditions:
(i) FDI is permitted under the automatic route in Limited Liability Partnership (LLPs) operating in sectors/activities where 100% FDI is allowed through the automatic route and there are no FDI-linked performance conditions.
(ii) An Indian company or an LLP, having foreign investment, is also permitted to make downstream investment in another company or LLP in sectors in which 100% FDI is allowed under the automatic route and there are no FDI-linked performance conditions.
(iii) Conversion of an LLP having foreign investment and operating in sectors/activities where 100% FDI is allowed through the automatic route and there are no FDI linked performance conditions, into a company is permitted under automatic route.
Similarly, conversion of a company having foreign investment and operating in sectors/activities where 100% FDI is allowed through the automatic route and there are no FDI-linked performance conditions, into an LLP is permitted under automatic route.
(iv) FDI in LLP is subject to the compliance of the conditions of LLP Act, 2008.
Reference: https://dipp.gov.in/sites/default/files/CFPC_2017_FINAL_RELEASED_28.8.17.pdf
LLP Form 11 is the annual return that must be filed by every LLP (Limited Liability Partnership) registered in India. The form must be filed once every year, and it provides information about the LLP’s management, partners, and capital contributions.
LLP Form 11 is an annual return that must be filed by every LLP registered in India. The form provides information about the LLP’s management, partners, and capital contributions. It must be filed once every year, and the due date for filing the form is 30th May of each financial year.
Every LLP registered in India must file LLP Form 11 annually, regardless of whether it has carried out any business activities during the financial year.
LLP Form 11 includes the following information:
It is important to note that LLP Form 11 does not require the submission of tax returns or financial statements.
The late fee for filing LLP Form 11 has been revised by the Ministry of Corporate Affairs as per the latest notification dated April 30th, 2021. The revised late fee structure is as follows:
It is important to note that late fees for LLP Form 11 are only applicable to the number of days delayed and not for the tax return or financial statement.
Q. Is it mandatory to file LLP Form 11? A. Yes, every LLP registered in India must file LLP Form 11 annually.
Q. What is the due date for filing LLP Form 11? A. The due date for filing LLP Form 11 is 30th May of each financial year.
Q. What is the late fee for filing LLP Form 11? A. The late fee for filing LLP Form 11 is as per the revised structure mentioned above.
Q. What information is required to be submitted in LLP Form 11? A. The LLP’s management and partner details, capital contributions, and turnover during the financial year are required to be submitted in LLP Form 11.
Q. Is it necessary to submit tax returns and financial statements with LLP Form 11? A. No, tax returns and financial statements are not required to be submitted with LLP Form 11.
In conclusion, LLP Form 11 is an important annual return that must be filed by every LLP registered in India. The form provides information about the LLP’s management, partners,
capital contributions, and turnover during the financial year. The late fee for filing LLP Form 11 has been revised, and it is important for LLPs to file the form before the due date to avoid any late fees.
LLP Form 11 is a simple form that does not require the submission of tax returns or financial statements. LLPs must ensure that they provide accurate and up-to-date information in the form to avoid any penalties or legal issues.
In summary, filing LLP Form 11 is a mandatory requirement for all LLPs registered in India. The form must be filed annually and provides important information about the LLP’s management, partners, and capital contributions. LLPs must ensure that they file the form before the due date and provide accurate information to avoid any legal issues or penalties.
MCA has extended date for Filing Form AOC-4, AOC-4 (CFS), AOC-4(XBRL) and Form MGT-7 Date Extended to 30th November and 31st December, 2019 by Relaxation of additional fees under the Companies Act,2013
Keeping in view the requests received from various stakeholders seeking extension of time for filing of financial statements for the financial year ended 31.03’2019 on account of various factors , it has been decided to extend the due date for filing of e-forms AOC-4, AOC (CFS) AOC-4 XBRL upto 30.11.2019 and e-form MGT-7 upto 31.12.2019, by companies without levy of additional fee
Link of MCA Circular
http://www.mca.gov.in/Ministry/pdf/GeneralCircular_29102019.pdf
The Indian government has come up with new facility for allotment of instant PAN Card for all those whose who do not have PAN card and have vaild Aadhar Card, Aadhar Card must be mobile OTP enabled.
This will reduce time of 10-15 Days for getting PAN as per Normal procedure.
This facility is for allotment of Instant PAN (on near-real time basis) for those applicants who possess a valid Aadhaar number. PAN is issued in PDF format to applicants, which is free of cost. The applicant is required to type in her/his valid Aadhaar number and submit the OTP generated on the registered mobile number. Once the process is complete, a 15-digit acknowledgment number is generated. Once request is submitted, the applicant can check the status of the request at any time by providing her/his valid Aadhaar number and on successful allotment can download the PAN. The applicant will also receive a copy of the PAN in the e-mail id registered with the Aadhaar database.
The applicant should have a valid Aadhaar which is not linked to any other PAN.
The applicant should have his mobile number registered with Aadhaar.
This is a paper-less process and applicants are not required to submit or upload any documents.
The applicant should not have another PAN. Possession of more than one PAN will result in penalty under section 272B(1) of Income-tax Act.
Click the link- ‘Instant PAN through Aadhaar’. Click the link- ‘Check Status of PAN’. Submit the Aadhaar number in the space provided, then submit the OTP sent to the Aadhaar registered mobile number. Check the status of application- whether PAN is allotted or not. If PAN is allotted, click on the download link to get a copy of the e-PAN pdf.
Trademark Class 1. Chemical used in industry, science, photography, agriculture, horticulture and forestry; unprocessed artificial resins, unprocessed plastics; manures; fire extinguishing compositions; tempering and soldering preparations; chemical substances for preserving foodstuffs; tanning substances; adhesive used in industry.
Indian government has announced the relief of measures for economic revival due to COVID19 crisis happening. The government has is the definition of m s m e Enterprises to increase the limits of an investment in the business.
Earlier there was a different criteria for manufacturing as well as service units, now all these entities are treated as equally and criteria for both the manufacturing and service units are same.
this will cover more new service enterprises as well as manufacturing units with the higher turnover and investment into the micro small and medium enterprises definition and these Enterprises can now avail the various schemes provided to MSME by government of India
this criteria is applicable for all the entities suggest proprietorship firms,LLP, private limited companies and partnership firms
New criteria for classification of micro, small and medium enterprises (MSME):
(i) a micro enterprise, where the investment in Plant and Machinery or Equipment does not
exceed one crore rupees and turnover does not exceed five crore rupees;
(ii) a small enterprise, where the investment in Plant and Machinery or Equipment does not exceed
ten crore rupees and turnover does not exceed fifty crore rupees;
(iii) a medium enterprise, where the investment in Plant and Machinery or Equipment does not
exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.
The new criteria for MSME is effective from 1st June 2020.
In this comprehensive guide, we will provide you with a detailed step-by-step process on how to apply for a business credit card in India. Additionally, we will explore the multiple benefits that come along with having a business credit card.
Begin by conducting thorough research and comparing various business credit card options available in the Indian market. It is important to carefully evaluate factors such as interest rates, annual fees, and additional benefits that align with your specific business requirements.
Ensure that you have all the required documents ready in order to complete the application process smoothly. These documents generally include:
Before proceeding, carefully review the eligibility criteria set by the credit card issuer. These criteria typically involve minimum annual turnover, business vintage, and personal credit score of the owner(s). Ensuring you fulfill these requirements will enhance your chances of successful approval.
Thoroughly complete the application form provided by the credit card issuer, ensuring that you provide accurate and complete information regarding your business, personal details, and financials as required.
After filling out the application form, carefully review it for any errors or omissions. Attach all the necessary documents and submit your application either online or at a local bank branch, following the specified instructions provided by the credit card issuer.
Once your application has been submitted, it will undergo a comprehensive review process by the credit card issuer. Please note that the approval period typically takes a few weeks. During this time, it is advisable to avoid applying for multiple credit cards, as it may adversely affect your credit score.
If your application is approved, you will receive the business credit card through mail. Follow the instructions provided to activate the card and commence using it for your business expenses in accordance with your financial needs.
Availing a business credit card in India offers several key advantages:
When utilizing a business credit card, it is crucial to exercise responsible financial management by paying off monthly dues promptly. This helps avoid additional charges and interest fees.
Please note that the information provided in this guide is for general guidance purposes only. It is advisable to consult the respective credit card issuer or a financial advisor to obtain specific details and requirements tailored to your business needs.