SmartBizGuru

Archives June 2024

Business Registration

Anyone can decide to start working as a business. I constantly knew that beginning a business is not a joke. The Small Business Administration has many helpful guides for helping you people. There are a thousand things to fear when starting up any kind of small business or enterprise. But, one of the most important matters to don’t forget while starting a brand-new business enterprise is to get your business enterprise legally registered otherwise, you’ll be inviting unimaginable problems from the government. 

Avoid GST Registration for Small Business

Are you looking for sole business Registration and afraid to take Goods Service and Tax (GST) Registration. As GST Monthly Return filing is burden for small business. 

There are many sole business owners who has registered their business by taking GST Registration just for the sake of open Current Bank account with the business name and want to run their business smoothly but they not aware about the GST Monthly  and Quarterly  Return. Once they get to know about  it’s been too late as they have to bear hefty penalty on monthly compounded basis at rate of  Rs. 50 per day if they have turnover and Rs. 20 per day If they didn’t have turnover and hence to recover that loss take too much time, cost and useless energy of a businesses.