An Incorporation of a Company refers to the legal process that is used to form a corporate entity or a Company. An incorporated company is a Separate legal entity on its own, recognized by the law. These incorporations can be identified with terms like ‘INC’ or ‘Limited’ in their names.

An Income Tax is a Tax imposed on individuals or entities(tax payers) in respect of the income or profits earned by them(commonly called Taxable Income).Income Tax generally is computed as the product of a tax rate times the taxable income.

It is also known as Goods and Services Tax, is levied on the supply of goods and services. Goods and Services Tax Law in India is a Comprehensive, multi stage, destination based tax that is levied on every value edition. GST is a single domestic indirect tax law for the entire country.

Is a Practice of recording and tracking the financial transactions of a business. Bookkeepers regularly summarize this activity into reports that show how the business is doing.

The taxpayer has to communicate the details of his taxable income/loss to the Income-tax Department. These details are communicated to the Income-tax Department in the form of return of income.

Labour License is a mandatory registration that businesses need to obtain to comply with the legal requirements of the concerned state or union territory. The Labour License demonstrates commitment to welfare of your workers.