Many directors believe resigning from a company is as simple as sending an email and walking away. In practice, it is slightly more structured than that. Under the Companies Act, 2013, director resignation involves written notice, timelines, and ROC filings. If even one step is missed, your name may continue to appear on MCA records. In this guide on Director … [Read more...] about Director Resignation FAQs in India: Simple Step-by-Step Guide Under Companies Act, 2013
10 Key characteristics of a private limited company that you must know
Limited Liability Protection Private limited company's shareholders are liable only to the extent of their capital invested. This means, the members of the company are accountable for the debts only to the extent of shares they hold. Their personal assets remain safeguarded, even in cases of any business loss incurred by the company. This means if the company incurred any … [Read more...] about 10 Key characteristics of a private limited company that you must know
How do small businesses file income tax return in Odisha
All businesses are required to file an annual income tax return with the government on or before the due date of filing. However, a proprietor is not requried to file income tax return if his or her income for the financial year does not exceed the basic exemption limit. The basic exemption limit fixed for the financial year 2022-23 and 2023-24 is 2,50,000 rupees. Which … [Read more...] about How do small businesses file income tax return in Odisha
Documents Required for Private Limited Company Registration in India: Simple Beginner Guide (2026)
Many first-time entrepreneurs feel that registering a company in India is complicated. In reality, the online process is fairly straightforward — but the documents required for company registration in India often create confusion. Most delays do not happen because of the law or the MCA portal, but because documents are incomplete or inconsistent. In this guide, let us slowly … [Read more...] about Documents Required for Private Limited Company Registration in India: Simple Beginner Guide (2026)
Private Limited Company Registration in Odisha
Company registration in Odisha can be easily done in less than 10 working day. If you are planning to setup a private limited company in Odisha, here in this post you will find all the steps we follow and things required to register a private limited company in Odisha. Before we proced, please note, as a basic requirement, you need atleast two people to incorporate a private … [Read more...] about Private Limited Company Registration in Odisha