a. GSTR-1:
-
This return contains the details of the sales done by the assessee. It can be filed
on monthly and quarterly basis. Monthly return must be filed before 11th
of every next month and Quarterly return must be filed before 13th
of every next month of the quarter.
b. GSTR-3B:
- This
return contains the details related to ITC. It can also be filed on monthly and
quarterly basis. Monthly return must be filed before 20th of every
next month and Quarterly return must be filed before 24th of every
next month of the quarter.
c. GSTR-9: - It is the annual return that must be filed by the assessee if the turnover is above 2 crores rupees. This return must be filed before 31st December of the next Financial Year.
d.
GSTR-9C: - It
is also the annual return of the company that must be filed by the assessee
along with GSTR 9 if the turnover is above 5 crores rupees. This return must be
filed before 31st December of the next Financial Year.
According to the updated accounting trail rule by MCA department, from 1st April 2023 onwards every private limited company has to maintain a proper accounting software in which it has to record all its business transaction properly.
a. Company ITR (non-tax audit): It must be filed before 31st October of every Assessment Year.
b. Tax Audit: Company requiring tax audit must file its return before 30th September.
a. DPT
3: If
a company accepts public deposits, then it has to file this form before 30th
June of the Assessment Year.
b. DIN
KYC: It is mandatory to file this form by every director of
the company before 30th September so that their DIN remain active.
c. AGM:
It
stands for Annual General Meeting. It is mandatory for all the company to
conduct the AGM before 30th September of the Assessment Year.
d. ADT
1: This
form is filed for the appointment of the auditor of the company. This form must
be filed within 15 days from the date of AGM. (i.e. before 14th October)
e. AOC
4: This
form is filed to show the financial statement and annual accounts of the
company. This form must be filed within 30 days from the date of AGM. (i.e.
before 29th October)
f. MGT 7: It is called the annual return of the company. This form contains the details of the business activity, list of directors, list of shareholders and AGMs held in the company. This form must be filed within 60 days from the date of the AGM. (i.e. before 29th November)
Monthly
Contributions:
Employer’s
contribution: 3.25% of employee's
wages
Employee’s contribution: 0.75% of employee's wages
(This must be done
before 15th of every month.)
EPFO COMPLIANCES
Monthly Contributions:
Employee's share: 12% of basic
salary
Employer's share: 12%
of basic salary (Employer's share includes contributions towards EPF, EPS, and
EDLI)
§ Out
of employer's 12% share:
§ 3.67%
goes to EPF
§ 8.33%
goes to EPS (Employees' Pension Scheme)
§ 0.5%
goes to EDLI (Employees' Deposit-Linked Insurance)
(This must be done before 15th of every month.)