What is MSME Registration? Micro, Small, and Medium Enterprises(MSME) are businesses that are defined based on their investments. They are classified into two categories Manufacturing Enterprises and Service Enterprises. For Manufacturing Enterprises, they are defined in terms of investments in plant and machinery. Micro-enterprises are the entities whose investment is less than Rs. 25 lakhs. Small-enterprises are…
Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by the Income Tax Department. Each assessee (e.g. individual, firm, company, etc.) is issued a unique PAN. A PAN is a unique identifier issued to all judicial entities identifiable under the INCOME TAX ACT 1961. The income tax PAN and its linked card are issued under…
Tax deducted at source is a means of collecting tax on income, dividends, or asset sales, by requiring the payer to deduct tax due before paying the balance to the payee. Who is liable to deduct tax at source ? People responsible for making certain payments of incomes or amounts are liable to deduct tax…
Accounting refers to recording, summarizing, and analyzing financial transactions, while Accountancy encompasses the broader scope of professional practice, including auditing, financial reporting, and advising.
About FSSAI: FSSAI stands for Food Safety and Standard Authority of India is the supreme authority which governs the food business in India. It ensures the food product undergoes the standardized quality checks to ensure that no sale of sub-standard products. It is the main authority who is taking care of registering and licensing of…
We offer expert assistance in responding to GST-related notices and navigating the appeals process. We analyze the details, prepare thorough responses, and represent your interests, ensuring compliance while minimizing potential penalties.
We help individuals and businesses manage tax notices effectively, offering support in response preparation and the appeals process. With our expertise in tax regulations, we advocate for your rights to achieve favorable outcomes.
The preparation of financial statements involves compiling an organization’s financial data into standardized reports, such as the balance sheet and income statement. This process ensures compliance with accounting standards and enhances transparency, enabling informed decision-making for stakeholders.
This project report outlines the objectives, methodologies, and outcomes of our initiative, highlighting key findings and challenges faced. It includes lessons learned and recommendations for enhancing future project effectiveness and sustainability.
Sarstaxfin Advisors offers expert guidance for businesses seeking ISO certification, navigating the process with external certification bodies in India. We help you meet international standards, such as ISO 9001 and ISO 14001, ensuring your organization achieves quality excellence.
We ensure compliance by thoroughly reviewing your financial records and GST filings, identifying discrepancies and opportunities for improvement. We help minimize penalties and maximize eligible input tax credits, guiding your business through the complexities of GST.