Your partner from St... • 1d
If you with a business idea which can be scaled immediately we suggest to choose private limited, reason being you can raise funds, apply for government schemes etc. For private limited you have to pay only 25% of your profits as tax. If you are at an idea stage and wants to test your product, go ahead with sole proprietorship. The tax rate will be based on income tax individiual tax slabs. Need more info or expert guidance, feel free to reach out to us. Best Regards, Team IncorpX
Be optimistic • 11m
Anyone please explain following questions :- What is difference between loss & liabilities? If I go for sole proprietorship ,then is it mandatory to file compliance ? Can I hire employees in sole proprietorship? Can I use saving account for sole pr
See MoreDrafting Airtight Ag... • 3m
"Sole Proprietorship vs. Private Limited— Imagine this: You’re launching your dream business. You’ve got the idea, the drive, and maybe even your first few clients. But then, the big question hits you— "Should I register as a Sole Proprietor or a
See MoreWork and keep learni... • 1y
Financial knowledge Indian Tax slabs Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown: 1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years. 2. 5% Tax: I
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