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A mortgage agreement is the contract under which the borrower agrees that they will relinquish their claim to the property if they are unable to pay their loan on time or in the extended period. The mortgage agreement is not actually a loan, infect it is a lien on the property. That means, if the buyer defaults on the loan, they give the lender permission to foreclose on the property.
A lease agreement is a formal contract between a landlord and tenant that establishes the duration and rental cost of a... Read More
A Private limited company is a business entity held by a group of people known as shareholders. Starts with aspirations of gr... Read More
A limited liability partnership (LLP) is a partnership in which all the partners have limited amount of liabilities.... Read More
There are various types of companies registered in India, includes one Person Company, a limited company, section 8 company.... Read More
Partnership firms and LLPs in India are of various types. there are two partnership firms.... Read More
This is used by tax authorities to calculate tax liability.... Read More
As per Hire Purchase Agreement, the owner hires goods to the hirer with an option to purchase the goods when he has made the... Read More
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