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Introduction The process of changing the RCMC bank account in Karnataka is governed by the Karnataka Real Estate Regulatory Authority, K-RERA. This is a very important process for real estate promoters who have to maintain compliance with the RERA Act and ensure that the funds collected from allottees are handled properly. Understanding RERA Bank Accounts […]
Introduction On July 13, 2020, the Central Board of Direct Taxes (CBDT) released a notification exempting the Real Estate Regulatory Authorities (RERA) of Telangana and Goa from income tax under Section 10(46) of the Income Tax Act, 1961. The significant tax benefits provided by this notice allow these regulatory organisations to focus on their core […]
A registered office is a crucial aspect of any company’s legal identity in India. It serves as the official address where government departments, regulatory bodies, and stakeholders send all communications and notices. Understanding the importance of a company’s registered office is essential for compliance and effective business operations. This comprehensive guide will walk you through […]
If conducted comparison between LLP vs other business structure, LLP supersedes the chart. As the name suggests, LLP gives the partners running a business limited liability, in simple terms, it means the partners involved in a business have limited liability, no individual partner is liable for the liability and misconduct created by another partner. The […]