Taxation for Startups - All you wanted to know about taxes :
- Taxes and regulatory compliances have always been a pain point for startups and small businesses. In the spirit of supporting businesses, Taxmantra had launched the "Taxes Less Taxing (TLT)" initiative this year to give one-to-one mentoring sessions, conduct nation wide workshops and seminars on tax and regulatory issues that businesses face on a daily basis.
- This workshop, as a component of the TLT initiative, aims to address the basic tax issues of startups.
- Taxmantra.com is a professional services firm rendering business startup, fund raising, tax & regulatory compliance services to businesses & individuals in India, US, Singapore and middle east.
- Alok Patnia, Founder of Taxmantra.com says, "This initiative is unique in the sense that there are regular workshops being organised for Start-ups and SMEs, but what is lacking is one to one attention. Every business has issues, day to day or circumstantial, which are unique to its own.
- These cannot be discussed on public forums. Indian start-up eco-system is still at a very nascent stage. With this initiative, we wish to fill that vacuum in the eco-system and assist businesses protect themselves from unnecessary taxes, penalties by keeping their business in perfect compliance as they grow.”
- One of our recent surveys indicate that every second Start-up gets income tax notice for tax demands or for non-compliance.
- Around three out of seven start-ups find place on the default list of Registrar of Companies due to non-compliance. Also two out of four start-ups incur unnecessary pay-out by way of interests and penalties.
- For more details Click on below link:
- http://whatsfreenow.com/product/233/session_on_taxation_for_startups.html
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