Showing posts with label Private Limited Company Registration. Show all posts
Showing posts with label Private Limited Company Registration. Show all posts

Sunday, January 19, 2020

How to Produce a Bollywood Film?

Produce a Bollywood film, Get to know the cost, Goods and Services Tax and other taxes associated.

Expenses to Produce a Bollywood film are given below:

  • Development: Producer invest on movies. Then a story writer makes script and dialogues.
  • Before production: This includes planning and expenses on location of shooting whether it has to be done in India or outside India. Who all are going to accompany for film. If location is outside India then all the expenses for residing, food and travelling expenses.
  • Production: It consists of costs of actual shooting according to planned location.
  • After production: It includes expenses related to editing, sound effects, visual effects and designing.

Various professional associated with a movie pays Income Tax and Goods and Services Tax on individual basis. To Know about how movies earn money, click here.

Other Major Expenses :

  • Director: A person who directs the movie i.e. what scenes are to be played one after another.
  • Script-writer: He is the person who put up stories and dialogues.
  • Actor: It includes male actors acting in the film. There is a leading actor and supporting actors. There can be more than one leading actor.
  • Actress: She is the person who acts in the film. There is a leading actress in the film. But may or may not have supporting actress.
  • Music director: He/she sings music for the film.
  • Production Assistant: He keeps a check that film,so that is scheduled on time and within budget.
  • Casting manager: A person who chooses actor or actress in a movie, so that role matches with person.
  • Location Manager: He takes care of the location and all the setup is made for movie scene.
  • Director of Photography: He is in-charge of clicking pictures, so that it can be used in promotion.
  • Camera Operator: He takes charge of filming videos in a movie, so that we can get perfect shot.
  • Production designer: A person responsible for creating visual effects- settings, props etc.
  • Art Director: A person who assists production designer in his work.
  • Make – up artist: There are many make-up artists in a movie. They work with makeup, hair and special effects to create the characters look for anyone appearing on screen.
Email your query at onlinetaxfilingindia.com@gmail.com and know more about company registrationWhatsApp or Call us @ 7900 567 567, so that you can get your goods and services registration online and Disadvantages of GST.

Tuesday, January 14, 2020

Ways to save Income tax.

In this article, we have explained ways to save Income Tax which you may not know.


Are you are living in rented accommodation? Then you can claim deduction of Rs.60000/- from your gross total income.
Tax liability has to be paid. Do wish to avoid it?
But there are other unknown ways through with you can save tax. If you go through this article, you will know.

Below are some of the personal expenses. These are the Ways to save Income tax:

  1. You can claim deduction for interest on housing loan under the head.  “Income from House Property.” It could go up to Rs.200000/- for personal property, and no limit for rented property.
  2. Have you paid any housing loan for self or tuition fees for your children during the year? You can claim deduction from gross total income for amount up to Rs.150000/-.
  3. You can claim deduction amounting to Rs.5000/- while filing income tax return online for health checkups. Payment made for medical premium can also be claimed u/s 80D amounting to Rs.25000/-.
  4. You may claim deduction up to Rs.60000/- for payment made for medical treatment of self or dependent.
  5. Paying a rent may feel like burden, but you have one reason to smile. Deduction of up to Rs.60000/- can be claimed under section 80GG for payment of rent.
  6. Taking of receipt is important whenever you donate. It can help you save some bucks. Under Section 80G, you can claim deduction for donation.
Total deduction from all above can go up to Rs.500000/- to 600000/- and you can save up to Rs.180000/- while paying Income Tax. There are more Ways to save Income tax. Happy Taxation.
Last date for filing Income Tax Return is 31st July, 2019. Late Fees for non-filing is Rs.5000/-. Do you need any help with this? Mads Money will help you. Please WhatsApp or Call us @ 7900 567 567 or mail us at onlinetaxfiling.com@gmail.com.
We are providing a financial service for Income Tax Return Filing, public limited company registration, Private Limited Company Registration, Gst registration, Tax credit, Online accounting services, and Gst return. 

Tuesday, December 17, 2019

Private Limited Company Registration | Mads Money 7900567567


More than 7 lakhs of Private Limited Company Registration has been completed till date. You need to get CA Expert for every company formation and filing process, so that you can get for how to start up and manage under his guidance.

Private Limited Company Registration


So, how many employees are required for private limited company registration?

To be honest, a single person cannot handle or form Private Limited Company. So there is at least 2 person required to form a Private Limited Company.