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Rajinder Goyal
I want to bid for Mess tender of a college. Eligibility criteria is met by a catering company of someone known to me. How I can bid in his name & secure/ safeguard my interests.
At the same time, I want to set up my own new company and wish that I develop my own credentials so as to be able to bid for similar projects in future.
Is there any way?
Please advise.
1) You can enter into a legal agreement with the catering company along with Terms and commercials or else if they are ready to on board you as a partner or director in their company/LLP your interest can be safeguard.
2) If you want to develop your own credentials you will have to start a new company there is no other way
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Rohit
How does having joint account for mutual fund {myself{30% tax bracket} and wife{not working currently}} affect capital gains through mutual funds? will my tax get reduced if my wife is the main account holder?
The first holder of the investment gets all the tax break in case of a tax saving fund. For taxation of long term capital gains or short term capital gains, only the first holder is liable.
T&C applyS
Shivrath Y
Currently i am proprietor of the unit, my question is can play as managing partner for another partnership firm simultaneously?
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Lisa
I have a propreitor ship firm. I have registered vendor codes with different service centres like airtel as a collection agent. Now i want to convert my propreitorship into partnership firm. This means that i will have to apply for new GST and consquently reregister the partnership firm for new vendor codes. The issue is that there is no clarity whether airtel will register new vendorcodes as they have stopped issuing new codes
Your understanding is correct, you will have to apply for GST for the partnership firm afresh.
T&C applyD
Dilip Sindhe
Can i purchase car costing 11.5 lakh rupees through my savings account how to avoid income tax if enquire?
You will have to pay TCS @1% which can be settled during your yearly IT returns
T&C apply