http://www.msmegov.in/proprietorship-firm/ WebApr 6, 2024 · Here’s how to start a sole proprietorship in seven steps: Step 1. Decide on a Business Name. Coming up with a business name can be exciting―it is a representation of you and the product or ...
Sole proprietorship vs OPC: Which one is right for your business?
WebAnswer (1 of 4): Yes you can use different trade names but income tax can be filed together with all trade names, since IT will be filed based on your PAN.. WebHowever, since the name is not registered, any other person can also use the same business name unless trademark registration is obtained. Taxation A Proprietorship with less than Rs. 2 lakhs of income is not required to pay any income tax, as Proprietorships are taxed as the individual owing the business. playdough health and safety
How To Start A Sole Proprietorship (2024 Guide) - Forbes
WebJul 1, 2024 · the lower amount of paperwork. the lower cost for setting up the company. the overall simplicity of execution. Additionally, setting up a sole proprietorship still allows an opportunity for the business to grow. Should the owner ever decide to expand, there is always the opportunity to change the business to either a partnership or a private ... WebOct 22, 2024 · And any business, including a sole proprietorship, that operates under a … WebMar 12, 2024 · No problem if these are under one company... sadashiv Rupchand Gaikwad (Proprietor) (521 Points) Replied 10 March 2024. Legal name is as per PAN data base, Trade name you may by choice of your shop, concern of business identity name. Trade name is optional. CS M Pota (Company Secreatary) (3144 Points) playdough hedgehog