Which application form to use for partnership deed ?

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Registration of Partnership Firm “Indian Partnership Act 1932” Application forms

• Form I: Registration Form for Incorporation of a Partnership Firm
• Form II: Changes in name and principal place of business of the firm.
• Form III: Change in other then principal place of business of the firm.
• Form IV: Change in name and permanent addresses of the partners
• Form V: Change in constitution of firm, addition or retirement of partners.
• Form VI: Dissolution of the firm
• Form VII: Minor partner attaining age of majority.

Why do you need to Invest your funds in Mutual funds ?

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Normally people will invest either in very safe Investment i.e FD with Bank or very Risky Investment i.e share market, chit funds etc. Mutual fund is one which gives a wide range of options to customers to choose between Reward Vs Risk. Mutual funds are managed by professional fund management company, wherein they invest both in Government bonds and equity.

Before you choose between own investment vs Mutual funds please read these para,
As an investor, you can either manage your finances yourself, or hire a professional firm. You opt for the latter when:
1. You do not know how to do the job best – many of us hire someone to file our income tax returns, or almost all of us get an architect to do our house.
2. You do not have enough time or inclination. It’s like hiring drivers even though we know how to drive.
3. When you are likely to save money by outsourcing the job instead of doing it yourself. Like going on a journey driving your own vehicle is far costlier than taking a train.
4. You can spend your time for other activities of your choice / liking
Professional fund management is one of the best benefits of Mutual Funds. The infographic on the left highlights all the others. Given these benefits, there is no reason why one should look at any other investment avenue.

Due date for Monthly GST Compliance

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Now due date for filing GST from April 2018 to June 2018 has been notified. From May 2018 sales data has to be uploaded first and then monthly returns has to be uploaded. As planned during implementation stage due dates are falling in place from May 2018.

GSTR-1 GSTR-3B
Description Sales upload Monthly return
Notification 18/2018 16/2018
Apr-18 31st May 20th May
May-18 10th June 20th June
Jun-18 10th July 20th July