Manage your shareholder community with shareholder board portal software. Board portal software helps in managing the shareholder meetings.
You can create and manage your shareholder meeting minutes easily with this software. Manage your documents and save them in the cloud storage of this tool. You can access this tool from anywhere without any hassle.
If you want to manage the governance of the shareholder business then sign up for the board management software.
Choose the best board portal software and organize the board meetings.
You can communicate securely with other shareholders with this board portal.
Sign up for this shareholder portal.
Eligibility Start-ups can register to make use of 2 benefits under income TaxU/s 80IAC: - According to the Start-up company registration in electronic city Exempted tax on 100% gain and profit from business for 3 successive financial year.U/s 56(2) (viib) (Angel Tax): - Exempted tax on investment in shareholder capital if there is any excess share premium value on the top of the fair market value.
Who can Apply for Tax Benefit?a Start-up company must be authorized or recognized by DPIIT (previously known as DIPP)It should contain only a Limited Liability Partnership (LLP) or a Private Limited CompanyThe Start-up company should be in incorporation on or after 1st day of April 2016.Your start-up entity should be recognised as Start-up by DPIIT department.Is this adequate to avail the benefits of tax exemption?No.
What are high possibilities to get Tax Exemption certificate?Based on the acquired information, making enquiries and documents by department, as it may help them tom decide whether you start-up company is suitable or not,The DPIIT department will EITHER, approve your application and will consider of issuing certificate with tax exemption benefitsOR, Reject with the appropriate reason for the rejection.
How to Register for Tax Exemption Certificate U/s 80-IAC according to the Income Tax ActAccording Start-up Business Consultants in Electronic city the Amendment Rule they will observe the Notification that is dated 11th April '2018 issued by Ministry of Commerce and Industry (Department for Promotion of Industries and Internal Trade) - A Start-up existed as a Limited Liability Partnership (LLP) or a Private Limited Company that is in incorporation after 1st April 2016 they are eligible for acquiring a certificate for the purpose of section 80-IAC of the Income Tax Act, they will make an application in Form-I along with documents specified inside to the Board and the Board may after going through such information or documents and making such enquires, they may decide as the company is suitable.Eitheri) Issue Tax Exemption Certificate.orii) Reject the application by providing reasons.
When to apply?In Start-up Registration services provider in electronic city After getting your authorization and recognition as a Start-up you may apply for Tax exemption under section 80 IAC of the Income Tax Act.
After getting clearance or NOC for Tax exemption, the Start-up can avail the benefits of tax holiday for 3 successive financial years out of its first ten years since incorporation of Start-up firm.
I was curious on what my bosses or the top people managing our company were actually doing in their day to day tasks.Of course, after being now in a middle manager position and being able to directly interact with the bosses of the company, did I now realize that they would hold a lot of high-level meetings in a boardrooom.
Their focus was controlling and governing the company and be the big vision advocate of the company's strategy and goals for the next few months.To my luck, one of my bosses directly invited meeting into one of these high-level meetings just to sit in and really see what happens during their discussions.
Of course, I was a bit intimitated as in these executive and board meetings, I would be with executives and directors who are experts in their areas and probably receive a bigger paycheck than I do.Going into the boardroom, I meekly sat by in the corner to watch the coming proceedings and observe the discussion that was going to take place.
It was then I knew that they were using something called a board portal.Essentially, a board portal is a software that helps board directors during their board meetings.
Doing some quick researching while the rest of the meeting participants were starting to discuss their agenda for the meeting, I found out that board portals are being used by at least the top organization across the world like Tesco, P, and Bank of America.It was real fascinating stuff.
I couldn't imagine that the boardroom itself has now transitioned towards using these paperless meetings.
