1. How many people are required to start a limited liability partnership (LLP) There should be a minimum of 2 people to start an LLP 2. How much time does it take to set up an LLP? It takes around 15-20 working days to set up an LLP. The setting …
Read More »The levy of stamp duty, registration fees, penalty under Karnataka Stamp Act 1957
Karnataka Stamp Act extends to the whole of the State of Karnataka. As per this Act, a kind of tax called ‘Stamp Duty’ is levied on the documents executed in Karnataka. There are 55 articles (instruments/documents) described in the Schedule to the said Act for which the stamp duty is …
Read More »