What are the impacts of GST on your newly established business

The GST stands for goods and services tax, which is the biggest indirect tax and is expected to bring economic integration of the Indian economy. The GST can be the big confusion for many people & businesses, but it helps to streamline the process of indirect taxation and helps to make it easier and more effective.

Now, the tax payers have to pay only one consolidated tax instead of multiple taxes. It is payable on the actual price paid. GST is considered to be beneficial for all businesses in India. There are many registration companies that help you to register with GST. But, one of the best service providers of GST registration in Nirman Vihar is here to help you to register with GST quickly in a less time. GST will positively impact your business and below are the points how.

1.    Ease of starting a business

In an early days, if you are going to start a new business, then the first thing you need to register with the VAT from the sales tax department. A new business has to face a lot of issues regarding the different features when it starts. GST brings uniformity in the process and centralized registration that will make the starting business much simpler and easier.

2.    Simple taxation

A starting business spends a lot of time and energy to manage the various taxes. Different rules and regulations makes the process very complex. GST helps to make this taxation process simpler and also integrates all taxes.

3.    High exemptions to business

GST helps to make the financial limit higher up to Rs. 10 Lakh. This helps to bring respite from tax burdens to newly business.

So, these are the benefits of a GST for your start up business. If you are convinced, then get the GST rates in Delhi from Tax Home. It is the leading service provider of FSSAI registration, GST registration and MSME registration in Delhi. Please feel free to contact Tax Home and get the best GST registration that is really beneficial for your business.
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Tips for getting the personal loan approved

Get personal loan

 If you have major expenses that can improve your life, then a personal loan can be a smart tool. Getting a personal loan approved in India is not an easy process. There are some common things that you are required to follow in order to get a personal loan. You can take the personal loan from a lender, but they have some rules and regulation. Providers of Personal loan at low interest in Delhi, is going to share the tips that will help you get the personal loan approach easily. So, read out these tips & get a personal loan.

1.    Check your credit score

If you apply for the personal loan without knowing your credit score, your chances of getting rejected may increase. So, if you are applying for the personal loan, then you should get your credit report. Stay up to date with your credit score, so you do not get a nasty surprise when you apply for the personal loan.

2.    Get your eligibility sorted
If you want a personal loan, then you should meet the following edibility criteria-

•    You should have a stable and steady income
•    You should have a good credit history
•    You should all the required documents
•    You should be between 21-60 years ago

3.    Do not make multiple loan applications

To maximize the chances of getting a personal loan, some people apply to several banks or lender, but this is not a good idea. If you do so, banks & lenders get the feeling that you are HUNGRY to get the loan. This will also put a dent on your credit score. So, make sure you apply for the loan where you have the best chances of being approved. 

Focus on these tips to get the personal loan and make sure you’ve been working in the same organization for at least six months before you apply for the loan. Banks and lenders give you a personal loan when you have a steady source of income. I would recommend you to apply for the loan at Tax Home. They have an option to fill an online personal loan application in Delhi & get a personal loan at lowest ROI.

Benefits of GST in Retail Sector

The Indian retail sector is one of the fastest growing industries in the world, which is expected to grow after the launch of Good and Service Tax in India. GST is a comprehensive tax levied on goods and services at a national level. The introduction of GST in India has resulted in major simplification of indirect tax structure at both central and state levels of India.

If we’ll talk about the retail sector, then there are lots of benefits of the GST Act in Delhi in this sector, which we are going to share below. Check out these benefits presented by us.

1. Reduced taxes

After the launch of GST in the retail sector, the tax burdens on the retailers have been reduced, as they don’t have to pay taxes like CAT, CST, Service Tax, etc. GST has streamlined everything into one single tax, so that it will be easier for the retailers to understand the taxation.

2. Growth of retail market

GST has lead to the unification of the market and eliminated all the confusion related to taxation in different markets. Retailers can carry their business in every state with only a one time registration.

3. Beneficial for startups

The new GST law has attracted a lot of startups, as they only have to register their business only once and can attain the benefits of taxation. They can easily carry out their business operations freely with the new policies.

So, these are the benefits of the GST for the retail sector. So, if you are in the retail sector or want to join this sector, then get the registration of GST in Delhi at tax Home with the help of professionals. They will help you get registered under GST at the best GST rates in Delhi.

Benefits of Filing Income Tax Return on Time

The income tax is levied on the earnings of the individual, businesses, legal entities, etc. If your total income exceeds the basic exception limit decided by the government, then you are liable to file the Income Tax Return every year. Your tax rate is not fixed, as it varies across different sectors and sections. There is a prescribed time to file the ITR for every business and individual.

If you fall under the taxation bracelet, then you would have to provide the declaration to the Income Tax Department in the form of ITR about the earnings you have made in a particular year. You can choose a company for the Income Tax Return filing in Delhi. But before filing the ITR, know its benefits.

The benefits of filing ITR

1.      Faster refund process

If you file your ITR on time, then your refund will be processed earlier, than those who file the ITR later. So why file ITR late, just do it on time and stay stress free.

2.      Easy visa processing

If your plans are immediate to travel abroad, then visa processing requires that you submit your tax refunds on time, especially if you are travelling to the UK, Europe, Canada and USA.

3.      Easy loan processing

Life is full of uncertainties and you never know when you would require the loan. Every bank asks you to furnish your tax returns for the past few years to understand your financial situation. Having tax returns in your hand would speed up your loan processing time.

4.      Avoid penalties

If you will not be filing your ITR on time, then the tax department will send you the notice to file your ITR. And if you failed to file the ITR, then the tax Department of India might penalize you. So to avoid unwanted penalties, file ITR on time.

So, these are the benefits of filing ITR on time. The end of financial year is here, so file your ITR with the help of tax professionals at Tax Home. It is a leading legal advisor that will help you to the ITR file in Nirman Vihar.

How You Can Get FSSAI License Easily Online?

FSSAI stands for food safety and security authority of India. It works under the control of the ministry of health and family affair and under Indian government. It is made for protecting the health of the people. It also helps to promote food safety for the good health of the people.

It is considered as the food license, which is issued by the FSSAI. If you are going to start your food business, then you should register with FSSAI in order to provide good quality of food in your business. For the business owners, it is the effective marketing tool to boost or promote your business. As a food business operator, you surely want to promote your business sales and FSSAI license help you do the same. Food business operators can apply online for the FSSAI registration in Delhi through an online application system.

Here are some steps to get FSSAI license easily online

Step 1 – To get the FSSAI registration, you should go to FSSAI site and when the page opens, click to Sign up that is the self-care portal, which you can find on the right of the screen.

Step 2 – After completing the first step, the signup form will appear and now you are required to fill your contact details which are necessary for the FSSAI registration.

Step 3 – When filling your contact details, remember that the email id and mobile number you fill up should be active and valid. Make a unique username which should not already be registered for the site. After completing the process, click on register to submit the form.

Step 4 – Your account has been created with the FSSAI site. Now, you are ready to apply for the license. You are required to fill your details in the online application form and load necessary documents.

So, these are the steps to get FSSAI license online. To get an FSSAI registration in India, you can approach Tax Home. Tax Home is the best service provider GST registration, FSSAI registration, one person company registration. So, consult Tax Home to FSSAI license in a quick manner.

What Are The Documents Required For Getting a Personal Loan?

To get a step closer to fulfilling your dreams, you can apply for an online personal loan application Delhi. A personal loan is easy to get, quick and convenient. You can apply for a personal loan easily which comes with plenty of benefits. It is the instant solution to all your immediate financial needs.

Personal loan helps people to meet their unexpected expenses such as wedding expenditure, school or college fees, home renovation and so on. It is considered as multipurpose loan. There are some eligibility criteria that the borrower must be an Indian resident, minimum age 21 years, valid bank account, validly identify roof.

Here are some documents required for a personal loan

1. Application form

To get a personal loan in a hassle free manner., you need to submit an application form with a recent photograph.

2. Proof of identity

Secondly, you need proof of identity that can be passport copy, voter ID card, Driving license, or PAN card.

3. Address proof

After submitting the proof of identity, you are required to submit address proof like ration card, telephone bill, electricity bill, rental agreement, passport copy, or driving license.

4. Age proof

You are also required to submit a PAN card, passport or any other certificate registered with a statutory government.

5. Bank statements

You also need a bank statement, bank passbook, or last 3 month salary slip and also form 16.

6. Income tax return

Getting a personal loan involves an income tax return for the last 3 years only if you are a salaried employee.

7. Fees

At last, after submitting the all the above documents, you are required to submit fees for a approval of a personal loan.

So, these are the documents required for a personal loan. If you are also looking for the personal loan, then you can approach Tax Home. Tax Home is the leading service provider of one person, company registration, GST registration and FSSAI registration and also expert in providing a personal loan at low interest low Delhi. So, you can approach Tax Home and get a personal loan in a quick way.

What Are The Benefits Of Getting Private Limited Company Registration?

What Are The Benefits Of Getting Private Limited Company Registration?

Registering with a private limited company is the best way to start your business in India. Private company registration offers numerous advantages and it gives your business, a legal identity which is very important for every type of business whether it is small or big. To get multiple advantages and easy to register and manage your organization with private limited company registration.

Here are some benefits of getting private limited company registration

1.     Limited liability

Every business often needs to borrow money, in  a partnership firm, partners are personally responsible for all the debt raised. But, after registering with private limited company, there is no personal loss, only the amount of starting business will be lost.

2.     Easy debt access

A private limited registered company has wide options for taking debts. Banks provide loans which are easy to obtain and issuing debentures are always available to it. So, after registering your business with a private limited company, you can easily borrow loans from banks with additional facilities.

3.     Owning property

A director of private limited company can enjoy and own property in its name. No shareholder can stake a claim on the property of the company as long as the company is the going concern. So, register your business with a private limited company and get a owning property of the business.

4.     Easy transferability

The owner of the business can easily transfer the shares to the shareholders. To transfer shares, you need to file transfer form and the share certificate is required. In a private limited company, the approval of the shareholder is required to affect share transfers.

So, these are the benefits of getting private limited company registration. If you are a small business owner and wants to register your business with a private limited company, then you can approach Tax home. Tax Home is a leading service provider of one person, company registration, private limited company registration, GST registration and many more. So, you can approach Tax Home to get private limited company registration inDelhi in a very quick and easy way.