Year: 2025

To complete the XBRL filing smoothly, please arrange the following documents: Signed Financial Statements Balance Sheet Profit & Loss Statement Cash Flow Statement (if applicable) Notes to Accounts Director’s Report Auditor’s Report Notice of AGM List of Directors with DIN Shareholding Details Company Master Data (latest) Previous Year’s XBRL File (if applicable) Audit Report Date, […]

The Ministry of Corporate Affairs (MCA) has extended the due date for filing XBRL financial statements for the FY 2024–25. Companies that are required to file their annual financials in XBRL format now have additional time to complete the compliance process. 🔹 New Last Date for XBRL Filing ➡️ 30th December 2025 (after extension) Who […]

Here’s why every business should have one: 🔹 Clarity in Deliverables: The agreement spells out the work scope, timelines, and deliverables so everyone knows exactly what’s expected from day one. 🔹 Transparent Payment Structure: It defines the fees, mode of payment, and reimbursement terms — avoiding confusion or payment delays later. 🔹 Confidentiality Assurance: Protects […]

In India’s booming start-up ecosystem, innovation and entrepreneurship are thriving like never before. However, as every founder knows, managing taxes and compliance can often feel as challenging as building the business itself. Fortunately, the Indian government has introduced several tax incentives to encourage start-up growth — the most prominent among them being Section 80-IAC of […]

In today’s fast-paced world, safety and security have become essential for every business and individual. The increasing demand for professional security services has led to the growth of private security agencies across India. However, to operate legally and professionally, every agency must obtain a PASARA Licence — issued under the Private Security Agencies Regulation Act, […]

When it comes to running a business in Maharashtra, two important terms often create confusion — PTEC and PTRC. Both relate to the Professional Tax levied by the state government, yet they serve different purposes and apply to different types of taxpayers. What is PTEC (Professional Tax Enrollment Certificate)? PTEC, or Professional Tax Enrollment Certificate, […]

In the dynamic world of startups and venture capital, innovative financing instruments have become essential to enable early-stage investments with flexibility and reduced complexity. One such instrument making waves in the Indian startup ecosystem is the iSAFE Note – India Simple Agreement for Future Equity. What is an iSAFE Note? An iSAFE Note is a […]

Strike Off (via Form STK-2) *Eligibility:* Company has no liabilities and is not carrying on business. Stepwise Process • 1. Hold Board Meeting and pass resolution for Strike Off. • 2. Obtain consent of shareholders (Special Resolution). • 3. Prepare and execute Affidavits & Indemnity Bonds from all directors. • 4. Prepare Statement of Accounts […]

1. Verify Articles of Association (AOA) • Check whether the AOA permits conversion of loan into equity. • If not permitted, alter the AOA by passing a Special Resolution. 2. Board Meeting • Issue notice of Board Meeting (minimum 7 days before meeting). • Pass Board Resolution for: o Approval of conversion of loan into […]

September DUE DATE- In India, the Ministry of Corporate Affairs (MCA) has mandated Know Your Customer (KYC) for all directors to ensure transparency and curb fraudulent activities in the corporate ecosystem. The Director’s KYC compliance is crucial for maintaining an active DIN (Director Identification Number) status. As the deadline approaches, it’s essential for companies and […]