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| Individual | Net Profit | Other |
|---|---|---|
| 0% | 0 to 2.5 lakhs | 30% |
| 5% | 2.5 lakhs to 5 lakhs | 30% |
| 20% | 5 lakhs to 10 lakhs | 30% |
| 30% | 10 lakhs & above | 30% |
Advantages
- 1. Legitimate & Legal Document
-
2. Know Where Your Business Stands
- Current Position
- Mistakes & Frauds
- 3. T.D.S Refund
-
4. Transparency
- With Your Partner
- Attracts Investors and Funds
- 5. Immigration Profile - For Visa
-
6. Govt. Scheme
- Motor Vehicle Act 1988 Sec 266 Compensation
- Accidental Claim - 3rd Party Insurance
-
7. Loan
- Civil Credit Score Increase
- Loan Approval
Disadvantages
- 1. Penalty
- 2. Legal Trouble
- 3. Bank Attachment
- 4. Refunds/Interest
- 5. Hampers Business Growth
-
6. Loan
- Trouble Getting Loan
- High Rate of Interest