i am proprietor in asif traders and i am working under the name and style of asif & company.my ntn is registered with asif traders and i am doing business with name of asif & company.i just want to know is it legal with different says: September 2, 2014 at 1:26 pm I am going ...
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GST registration is required for sole proprietorships if their annual turnover exceeds the threshold. Can sole proprietorship have a PAN card? Yes, a sole proprietorship can have a PAN card, which is necessary for income tax purposes and financial transactions. ...
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Further, in most of the states, GST registration is needed for those service providers who are having an annual turnover of more than Rs 20 lakhs, and in the case of traders, the annual turnover must be more than Rs 40 lakhs.
No, sole traders or proprietors are not required to register their sole proprietorship firm in India. However, they must follow the respective state governments' rules, regulations and guidelines. How do I self-register a proprietorship firm? Is GST registration for proprietorship mandatory? What ...
A sole trader is often the only person who works for the business they have created. However, a sole trader can still have employees. If they do so, sole traders must meet their obligations to pay workers’ compensation insurance and superannuation contributions. People may become sole traders ...