Freelancers providing services like consulting, design, or IT work must assess GST applicability based on turnover and client locations. Registration is not always mandatory below ₹20 lakh threshold, but exceptions apply under CGST Act Sections 22 & 24. Meaning of Freelancer under GST Under the GST law, there is no…

Introduction Every business has its own set of ideas and strategies of doing work which may be in the form of inventions, innovations, business models, trade secrets, business acquisition model, communication model, patents etc These ideas and strategies needs to be shared with Employees, Business Associates, Consultants etc. for the…

Introduction Every business aims to grow and expand; however, it is not always possible for an organization to possess expertise in every functional area. Businesses often require specialized knowledge and technical expertise which may not be available internally. Therefore, it becomes necessary to engage external professionals such as Chartered Accountants,…