1. Passport size photograph (Scan Copy)
2. PAN Card copy (Mandatory)
3. Proof of Identity
(Any one of the below)
-Passport
-Voter ID
-Driving License
-Aadhar Card
4. Proof of Residence (in the name of applicant)
(Any one of the below)
-Bank Statement
-Electricity Bill
Case-A: If the Property is owned by any Director or Shareholder:
1. Sale deed of the Property
2. NOC from the owner (Digital CA will provide a draft copy)
Case-B: If the property is taken on rent by any Director or Shareholder:
1. Rent Agreement
2. NOC from the owner (Digital CA will provide a draft copy)
In addition to the above, any one of Electricity Bill/Telephone Bill/Gas Bill/ Mobile Bill is required.
All Inclusive Fees
All Inclusive Fees
All Inclusive Fees
A Nidhi Company has a dependency on the honesty, integrity, and loyalty of the member and workers of the company is managed by amateurs as professional because high-end managers are not affordable because of lack of funds.
People are apprehensive before investing in the Nidhi Companies as the company doesn’t require licensing from RBI. An easy source of loan to members against collateral.
As a member, one can borrow money at a minimum rate, relative to the rate at which banks lend money. This can be a major advantage in times of need, as different individuals in the mutual benefit society are likely to need funds at different points in time.
A Nidhi company encourages all its members to save money and encourages a thrifty lifestyle. A Nidhi company, after all, is a mutual benefit society wherein members can lend or borrow money and accept financial aid amongst them.
Borrowing and lending to known persons, where the procedure is fixed, is much less complicated than dealing with banks or in an informal setting. A Nidhi Company enables its members to unlock the potential of their money and gain from lower interest rates when they require money themselves.
A Nidhi company enjoys better credibility when compared to Mutual Benefit Organizations. Nidhi companies are registered and monitored by the Central Government. Mutual Benefits Organization is on the other hand governed and monitored by State Governments.
Income Tax- Every Private Company is required to file an Income Tax return in Every Year by providing 30% tax on the total income of companies.
Tax Audit– Mandatory in case sales, turnover or gross receipts of a business exceed Rs. One Crore in the previous year relevant to the assessment year.
Start 59799 /- all inclusive fees
Call Us : +91 +91 85 95313040
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