All Questions
Tagged with small-business india
15
questions
0
votes
0
answers
35
views
How are certain Indian small businesses dealing with taxes?
When I am attempting to register a domain from a domain reseller, I don't see any tax component getting added by the reseller. However, Godaddy or HostGator adds 18% GST on top of the actual price of ...
- 261
1
vote
1
answer
145
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Is it good if a network marketing company is not asking for an investment? [closed]
And does network marketing include any interest or compound interest?
A network marketing company is not ask for any investment, and they have halal certificate. I would like to ask if network ...
- 11
1
vote
1
answer
237
views
Professional tax for employees - startup in India
If I have online business with one employee who will be working from home, do I need to deduct professional tax as applicable from his salary and submit or I can avoid professional taxes for the ...
- 113
1
vote
1
answer
352
views
how to show income from paypal as export income
I am selling herbal products from India to US on eBay and receive money via paypal. My CA said I am exporting goods so I'll get rebate in tax. When I told him I get money via Paypal he said it is not ...
3
votes
1
answer
114
views
Company registration for Small business
I am doing trading of goods and also provide services to various organisation. The companies would like to have all future payments made to an organization to which I am proprietor and not directly to ...
- 31
0
votes
1
answer
341
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Raising Funds: What happens when you issue new shares by adding authorized capital?
Suppose, I have a company
Authorized capital - 100,000 Indian Rupees.
Divided into 100 shares - 1000 Indian Rupees each.
2 Directors Totally.
Director A holds 75 Shares and Director B holds 25 ...
0
votes
1
answer
239
views
Freelance trading of products in India
I am an Non Resident Indian living in Saudi Arabia. I have a query for starting freelance trading of products in India. Is it possible for me to trade without a license or registration with the ...
- 11
2
votes
1
answer
169
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Legal requirements to sell design content, artwork and also freelance in India?
I want to start a website where I can sell my digital artwork, 3D models etc at the same time use the site to get freelance graphic design work.I know how to go about it technically but what are the ...
- 23
1
vote
3
answers
139
views
Independent IT Consultant with annual fees less than 10lacs
I have started as an independent IT consultant recently. Since I will be way below the 10 lacs exemption bracket, do I need to have Service Tax Number?
Also is it mandatory to get this number and ...
- 11
1
vote
1
answer
2k
views
Can I receive payments (EUROS) from my International clients in my savings bank account in India for my business services
I am starting a small international outbound sales campaign and will be selling my web development services. 100% payment will be received in Euros through wire transfers in a bank account or through ...
- 11
3
votes
1
answer
286
views
How do I account for money paid to colleagues out of my professional income?
I am resident of India and I work as a freelancer, developing software for Indian companies. Sometimes, I do the work along with a few other professionals like me. I receive the payments into my bank ...
- 77
1
vote
1
answer
265
views
How do I calculate tax liability on the turnover of a small vendor?
I run a bakery with a turnover of RS 3.00 Lakhs in fiscal year 2012-2013. What is my tax liability on this turnover?
- 11
0
votes
2
answers
2k
views
Income tax on my online drop-shipping business (India)
I am an Indian citizen and I run a semi-drop shipping business. The details are:
I deposited 10 lakh through cheque/cash into my Indian savings bank account (PAN not submitted during account opening; ...
- 1
4
votes
1
answer
3k
views
Indian citizen wants to work as a freelancer for Europe. How to pay tax in India?
I got an offer to work as a freelancer for a European company. In Europe, it's like you need to set up a small legal entity on your name but is this the same in India? How can I do freelancing in ...
- 41
14
votes
2
answers
14k
views
Indian citizen working from India as freelancer for U.S.-based company. How to report the income & pay tax in India?
I am an Indian citizen and I work from India as a freelancer for an U.S.-based IT company. I am getting monthly payments directly into my Indian bank account. My colleagues' monthly payment come to my ...
- 141