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  • 1 Topics
    2 Posts
    S

    Yes, you can register your online wooden furniture business based on your business structure. You can do the basic registration yourself online.
    GST registration is also required if your turnover is more than ₹40 lakhs (₹20 lakhs for some special category states). For GST registration, a CA can help you prevent errors and ensure compliance.

  • 3 Topics
    7 Posts
    R

    For your fishery business in a rural area, there is one scheme run by the central government that is Pradhan Mantri Matsya Sampada Yojana (PMMSY). It provides financial assistance, cage culture, and setting up hatcheries. They also provide training.

    The Fisheries and Aquaculture Infrastructure Development Fund (FIDF) also provides infrastructure development for your fishery business; through Mudra Yojana, you can apply for the small loans.

    To avail yourself of this scheme, apply through the District Fisheries Office with all the necessary documents.

  • 5 Topics
    13 Posts
    S

    @TradeWise
    To manage the 1% TDS, first calculate it when you make a payment. Subtract this TDS from the total amount to follow tax rules. After deducting it, deposit the TDS with the government, either online or at an authorized bank, and get a challan receipt as proof. To keep things clear and avoid any problems, send this receipt along with Form 16B to the seller to show that the TDS has been deducted.

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