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A Complete Guide to reduce personal taxes

  How to reduce personal taxes? Table of Content Introduction What are personal taxes? What are the ways to reduce your personal taxes? Conclusion Introduction People are always looking for ways to pay less in income taxes and there are numerous ways to accomplish this. Everyone wants to save more money and build a strong financial future that can support them even in the absence of a regular income. Savings are important to the achievement of any financial strategy, and for good reason. Paying income tax on all of your taxable income, though, can cut into your savings and leave you with less money to put toward future planning. This article will provide you with information on “How to Reduce Personal Taxes.” What are personal taxes? The government levies a system of taxes called personal income tax on the amount of income generated by individuals. Taxpayers are required by law to file an income tax return each year in order to establish their tax obligations. The government of Ind...

What is the Subscription Clause under MOA?

  All you need to know about the Subscription Clause under MOA Table of Content Introduction What is the Subscription clause? Who is a subscriber? What is a Subscriber Sheet? NRI and international customers Modifying the subscription clause Conclusion Introduction A subscription clause is one of the necessary clauses of a memorandum of association. Every company is an artificial person governed by the terms of its articles of association and memorandum of association. Companies benefit from continuous succession as a result. This means that the company will continue to exist even if its owners, members, etc. change. In this article we will discuss all about the Subscription Clause under MOA. What is the Subscription clause? The sixth and last primary  clause of the memorandum of association  is the subscription clause. The information about the company’s initial subscribers is provided in this clause. Their names, signatures, residences, and other facts are included. The ...

What is an LLC Reinstatement?

  A Guide to LLC Reinstatement Table of Content Introduction What is an LLC Reinstatement? Points to be taken care to reinstate an LLC How to Reinstate an LLC or Corporation? Conclusion Introduction An LLC that has been revoked or administratively dissolved must be given active status in order to be reinstated. Reinstating an LLC (Limited Liability Company) is recommended if the company has a large client base or important intellectual property. The state may administratively dissolve or revoke a company’s license if it has a long enough record of poor standing. The thorough information in this article will help you know more about LLC Reinstatement. What is an LLC Reinstatement? The term “reinstatement” refers to recovering an  LLC  or company to good standing with the state where it was created or registered to conduct business. A business entity may be administratively dissolved or suspended by the state if it is behind on franchise taxes and annual reports. The only o...

What are the differences between Trademark Registration and Registered?

  All about the differences between Trademark Registration and Registered Table of Content Introduction What is a Trademark(TM)?   What is a Registered Trademark (R)? What are the differences between ‘TM’ and ‘R’? Conclusion Introduction The Trade Marks Act, 1999 is responsible for managing trademarks in India. It is used to denote the existence of a brand or a logo that may be utilized to differentiate one’s product and services from those offered by others in the market.  Trademark registration  provides protection against others using the same brand. A registered trademark is a valuable concept used to safeguard a business’s investment in its name or logo. There are significant differences between the ‘TM’ and ‘R’ symbols which are discussed in this article. What is a Trademark(TM)?   The term Trademark is the legal term for “Intellectual Property”. The Dictionary meaning states it as a symbol, word, or words legally registered or established by use...