GST (Goods and Services Tax) is a comprehensive indirect tax levied on the supply of goods and services in India. Introduced on July 1, 2017, GST replaced multiple indirect taxes like VAT, excise duty, and service tax with a single, unified tax structure. It follows a destination-based taxation principle, meaning the tax is collected at the point of consumption rather than origin.
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GST (Goods and Services Tax)
GST (Goods and Services Tax) is a comprehensive indirect tax levied on the supply of goods and services in India. Introduced on July 1, 2017, GST replaced multiple indirect taxes like VAT, excise duty, and service tax with a single, unified tax structure. It follows a destination-based taxation principle, meaning the tax is collected at […]
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Annual General Meeting (AGM)
A mandatory yearly meeting of shareholders to discuss company affairs and approve financial statements.
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Annual Return (Form MGT-7)
A yearly filing with RoC containing company details, shareholding, and director information.
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Articles of Association (AoA)
A document that defines the rules and regulations for a company's internal management.
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Authorized Capital
The maximum amount of share capital a company is authorized to issue to shareholders.
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Board Meeting
A formal meeting of company directors to discuss and make decisions on company matters.
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Corporate Identification Number (CIN)
A unique 21-digit alphanumeric code assigned to every company registered in India.