QUESTION OF THE DAY: (1) What are the upcoming 11 post-incorporation compliances for private limited companies? (2) How do I save tax if my income is 6lpa, India?




(1) The first form to be filed is INC 20 A within 6 months from the date of incorporation. After that the annual filings such as AOC 4, MGT 7/ MGT 7A, DIR 3 KYC and DPT 3 need to be done.

(2) If you have LIC premium or tax-saving mutual funds aggregating to Rs.1 lakh or more, you can bring down the total income to Rs.5 lakhs and pay zero tax.

For information on Company Registration, visit https://www.parpella.com/one-person-company-registration

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Location: Kerala, India

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