Samridhi Tax Consultancy

Permanent Account Number ( PAN ) is unique alphanumeric combination issued to all juristic entities identifiable under the Indian Income Tax Act 1961. It is issued by the Indian Income Tax Department under the supervision of the Central Board for Direct Taxes (CBDT) and is almost equivalent to a national identification number. It also serves as an important ID proof. This number is almost mandatory for financial transactions such as opening a bank account, receiving taxable salary or professional fees, sale or purchase of assets above specified limits. The primary purpose of PAN is to bring a universal identification key factor for all financial transactions and indirectly prevent tax evasion by keeping a track of monetary transactions of high net worth individuals. The PAN is unique, national, and permanent. It is unaffected by a change of address, even between states. Structure and validation PAN structure is as follows: AAAAA9999A: First five characters are letters, n...

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in India. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income. This information was collected as part of the Assets Care , which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 283 economies. The most recent round of data collection was completed in Oct 2012 1 Obtain director identification number (DIN) on-line The process to obtain the Director Identification Number (DIN) is as follows: 1) Obtain the provisional DIN by filing application Form DIN-1 online. This form is on the Ministry of Corporate Affairs 21st Century (MCA 21) portal www.mca.gov.in . The p...

Samridhi Tax consultancy  is a team of distinguished  Accountants, corporate financial advisers and tax consultants in India. Our firm of Tax Consultants  represents a coalition of specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced persons who are committed to add value and optimize the benefits accruing to clients. We are renowned Tax consultant of pan India,  We are  providing all sort of chartered accountant services in Delhi related to accounting, auditing, business process outsource, income tax, financial services, company law matters, import-export consultancy, sales tax matter, service-tax, Gst  Registration and Return etc. In order to meet the specific requirements ...