Which Tax Type Is To Register

Taxes will apply according to your business, depends on type of business you are starting, your business turnover.

Some tax registrations apply to all businesses and others may be compulsory depending on your business' size and type. Some registrations are entirely optional. Some of the tax related registration are given below:

  • Permanent Account Number (PAN):

You must have a PAN regardless of the type of business you're starting. If you plan on running your business as a sole proprietorship, you can keep your individual PAN however If you're operating as a partnership, company or LLP, you'll need to register a separate PAN for the business.

  • Goods & Services Tax (GST):

You must have to obtain a Goods & Service Tax number (GSTIN) if crossed certain given turnover limits. Click here to get more details about GST registration as given on home page of filingdigits.com.

  • Tax Deduction account number (TAN):

You need to apply a TAN if you are deducting/collecting tax at source and paying some type of expenses on which TDS/TCS is applicable. Click here to get more details about TAN.

  • Labour Identification Number (LIN) earlier known PF/ESI:

PF & ESI is applicable if employee strength crosses the certain limits in an organisation. Click here to get more details about PF & ESI and to take registration of LIN.

  • Other Taxes:

Like professional tax will get applicable according to the particular state laws.

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