Author name: MHK Group

Company Registration in Pune A company is a legal entity formed by a group of individuals to pursue specific objectives. MHK Group is a leading Chartered Accountant firm in Pune offering Company Registration Services at the most competitive prices. In a registered company, members unite to achieve common goals. With MHK Group, you can get your company registered quickly and efficiently. We believe in hassle-free company formation in Pune. Our experts handle all paperwork, allowing you to focus on building and growing your business. Advantages of Company Registration We offer a one-stop solution for all your Pvt Ltd company registration needs. Our expert consultants manage the entire process, so you can start your business operations without delays. Company Incorporation by MHK Group. Company Registration in Pune – Basic Requirements To register a company, the following information is required: Annual Compliances Every registered company must file its accounts with the Registrar of Companies (ROC) annually. The Annual General Meeting (AGM) must be conducted within six months from the end of the financial year (i.e., by 30th September), and annual filings must be completed by 29th October. Annual Return Includes: Forms to be Filed with ROC: Types of Companies Private Company A Private Limited Company is owned by a small group of people and is not publicly traded. Key Features: Public Company Public companies are not restricted like private ones. One Person Company (OPC) As the name suggests, an OPC is incorporated by a single person. Key Features: Minimum Requirements: Get in touch with MHK Group today to start your company registration process with complete confidence and zero hassle.

Tax planning is an important part of Financial Planning for Individual, Local Businesses or Big Corporations. It’s an analysis to work out the best possible outcome for you to pay as less tax as possible which is known as Tax Efficient.Tax consultants in Pune MHK Group helps you to save your annual earnings by reducing your Tax liabilities with the help of utilising Tax deductions, exemptions, and benefits in the best possible way that are available as per the Government rules. MHK Group is your one stop solution for Tax Consultants in Pune and Income Tax Return Filing Services It’s an essential practice for everyone to follow who falls under the Tax slab as per Indian rules and regulations There are many types of Tax Planning such as Short-range Tax planning, Long-term Tax planning, Permissive Tax planning, Purposive Tax planning, our efficient Tax Consultants understands which type of tax planning will be the most suitable as per the situation of the client MHK Group in Pune with its expert Tax consultants offer best Tax Planning, Advisory and Income Tax Return Filing Services in Pune, our team consists of the best advisors who always keeps themselves updated of the latest compliance in order to help our clients in the best way possible. We have always offered our best and high-quality Tax services to our clients in order to maintain a long-term relationship with them and this has made us one of the most preferred companies when it comes to Tax Planning and Tax Consultants in Pune There are always new changes happening in the Tax laws which people are generally not aware of and they end up making wrong decisions which can cost money and time both therefore we as Tax Consultants in Pune help them understand the factors which can help them save their money efficiently without wasting their extra time, we offer our Tax Planning services both online and offline to help customers in whichever way they are comfortable in and so MHK Group is considered as the best Income Tax Consultant in Pune.

GST Registration Services Criteria for mandatory GST Registration in Pune: Anybody can get registered voluntarily for GST. If you are looking for GST Registration Services in Pune – MHK Group is the one stop solution for all your GST related queries. We are one of the leading Accounting & Tax Consultancy firms in Pune with expert GST Consultants in our company to guide you accurately. Benefits of voluntary GST registration: Availing input tax credit: Persons who have registered voluntarily under the Goods and Services Tax have the option to avail input tax credit on the purchases and expenses they make which results in enhancing their profitability and business margin. No restriction on inter-state supplies: Entities which are not registered under GST cannot make inter-state supplies of goods or services. If a person gets GST Registered voluntarily, he can make hassle free inter-state supplies of goods or services. Every person supplying goods or services or both is mandatorily required to be registered if the turnover exceeds Rs. 40 lakhs (20 lakhs up to 31.03.2019) in case of supply of goods & Rs. 20 lakhs in case of supply of services. Benefits of voluntary GST registration: Every registered person has to filed GST returns as follows: GST Return Particulars GSTR-1 Details of outward supplies of taxable goods and/or services GSTR-3B Monthly summary return of outward supplies & input tax credit claimed along with payment of tax GSTR-4 Return for a taxpayer registered under the composition scheme GSTR-5 Return for a Non-Resident foreign taxable person GSTR-6 Return for an Input Service Distributor GSTR-7 Return for authorities deducting tax at source GSTR-8 Details of supplies effected through e-commerce operator and the amount of tax collected GSTR-9 Annual Return for a Normal Taxpayer GSTR-9A Annual Return a taxpayer registered under the composition scheme anytime during the year GSTR-10 Final Return on cancellation of GST registration GSTR-11 Details of inward supplies to be furnished by a person having UIN and claiming a refund GSTR-10 Final Return on cancellation of GST registration GSTR-11 Details of inward supplies to be furnished by a person having UIN and claiming a refund GST Composition Scheme: Composition scheme under GST is more simplified scheme of taxation. There are four tax rates under normal scheme for various commodities. Under composition scheme, GST has to be paid at one notified rate for all commodities. MHK Group expert GST Consultants take all the hassle documentation work related to GST Registration from you so that you can focus on important company operations. Contact us for quick and easy GST Registration Services Eligibility: Ineligible Suppliers: Conditions for opting composition scheme: Applicable Tax Rates: Type of Business CGST SGST Total Manufacturers & Traders 0.5% 0.5% 1.00% Restaurants not serving alcohol 2.5% 2.5% 5.00% Service Providers 3.00% 3.00% 6.00% Interest on delayed payment of GST: If a taxpayer fails to make payment of GST on or before the prescribed due date, he has to pay interest on such delay. Interest is charged at 18% p.a. from the due date of payment to the date of payment proportionately on daily basis. If the taxpayer has claimed excess ITC in earlier returns & such excess ITC is reversed in the current return, he has to pay interest at 24% p.a. from the date on which such excess ITC was claimed to the date of filing of current month’s return. Late fees for delayed filing of GST returns: Type of Return Total GSTR-3B Nil Return i.e. there is not tax liability Rs. 10 per day, Maximum late fees is capped at Rs. 500/- per return (Rs. 250/- CGST & Rs. 250/- SGST) GSTR-3B Return with tax liability Taxpayers having aggregate annual turnover in preceding financial year upto Rs. 1.50 Crores Maximum late fees is capped at Rs. 2,000/- per return (Rs. 1,000/- CGST & Rs. 1,000/- SGST) Taxpayers having aggregate annual turnover in preceding financial year between Rs. 1.50 Crores upto Rs. 5.00 Crores Maximum late fees is capped at Rs. 5,000/- per return (Rs. 2,500/- CGST & Rs. 2,500/- SGST) Taxpayers having aggregate annual turnover in preceding financial year above Rs. 5.00 Crores Maximum late fees is capped at Rs. 10,000/- per return (Rs. 5,000/- CGST & Rs. 5,000/- SGST)

Accounting and Bookkeeping Services MHK Group offers Accounting and Bookkeeping Services in Pune with utmost accuracy, a professional accounting system, and a hassle-free process. As a leading Chartered Accountant firm in Pune, practicing for over 9 years, we have delivered high-quality accounting services to some of the top companies in India. Our experts excel in every field while maintaining strong, long-term relationships with our clients. Accounting, managing cash flow statements, financial analysis, and interpretation play a vital role in every organization—especially for tax purposes or strategic events like mergers and consolidations. While maintaining an in-house accounting team is possible, the smarter and more efficient option is to outsource your needs to a Chartered Accountant firm. Partnering with MHK Group saves time and money, allowing your team to focus on core business operations. Outsourcing accounting and auditing services has become the norm for both small and large-scale companies in Pune. MHK Group is one of the most trusted and well-known accounting service providers in the region. With the help of our expert accountants, we have successfully delivered more than 100 projects in Pune, ensuring timely service without overcharging our clients. Our accounting services include end-to-end document creation and preparation of financial statements, ensuring your company is always tax-ready and updated with all critical financial information to support strategic decision-making and future growth planning. Why Choose MHK Group for Accounting Services in Pune? When it comes to preparing vital financial documents and statements that reflect your organization’s financial health and growth potential, you need a team of experts. At MHK Group, our highly qualified and experienced accountants deliver precise results, always on time and error-free. Contact us today for all your finance and accounting needs. Our Services Include: