Power Of Factorial Business Solutions - Top Auditors & Tax Consultants.

 Missing ROC filing deadlines is not just a procedural lapse—it is a serious compliance failure that can put your company and its directors at significant legal and financial risk. Many businesses in India, especially startups, MSMEs, and private limited companies, unknowingly miss their ROC filings and later face penalties running into lakhs, director disqualification, and even company strike-off. If your company has missed ROC filing, immediate action is crucial to safeguard your business. Understanding ROC Filing and Its Importance ROC filing refers to the mandatory submission of company-related information to the Registrar of Companies under the Ministry of Corporate Affairs. These filings help the government track the financial health, ownership, and governance of registered companies. Annual ROC filings are compulsory irrespective of whether the company has done business or not. Even a dormant or inactive company must comply with ROC regulations to remain legally active. Com...

 Running a business without proper bookkeeping is like driving without a dashboard. You may be moving forward, but you have no clear idea about your speed, fuel, or direction. Bookkeeping plays a critical role in maintaining financial discipline, ensuring accuracy, and helping businesses grow with confidence. At Power of Factorial Business Solutions , we help businesses in KR Puram, Bangalore maintain clear, compliant, and audit-ready financial records through professional bookkeeping services. Understanding Bookkeeping in Simple Terms Bookkeeping is the process of recording and organizing a business’s daily financial transactions. These transactions include sales, purchases, receipts, payments, and expenses. The goal of bookkeeping is to create a clear and accurate financial picture of the business at any given time. Proper bookkeeping ensures that financial records are systematic, updated, and reliable, forming the foundation for accounting, taxation, and financial planning. The ...

  In today’s regulated business environment, GST compliance is no longer a routine accounting task—it is a strategic necessity. For businesses in India, especially MSMEs and growing enterprises, proper GST compliance determines financial stability, credibility, and uninterrupted operations. Many businesses assume GST is only about filing returns. In reality, GST compliance covers accurate reporting, timely payments, reconciliation, documentation, and proactive handling of notices. Even a small lapse can lead to penalties, blocked input tax credit, or legal scrutiny. This is why GST compliance must be treated as a core business function rather than an afterthought. What Exactly Is GST Compliance? GST compliance refers to adhering to all rules and regulations prescribed under the Goods and Services Tax Act. It ensures that a business correctly reports its sales, purchases, taxes collected, and taxes paid within the specified timelines. GST compliance includes: Timely filing...

  Running a business in today’s regulatory environment requires more than just maintaining books of accounts. Regular audits are essential to ensure financial accuracy, statutory compliance, and long-term business stability. Power of Factorial Business Solutions, a trusted Auditor and Tax Consultant in KR Puram, Bangalore, provides reliable and professional audit services to help businesses stay compliant and audit-ready at all times. Audit services are not limited to legal compliance alone. A well-executed audit helps identify financial risks, improve internal controls, enhance operational efficiency, and build credibility with stakeholders such as investors, banks, and government authorities. Businesses that conduct timely audits are better positioned to make informed decisions and avoid costly penalties. Power of Factorial Business Solutions offers a comprehensive range of audit services tailored to the specific needs of startups, SMEs, LLPs, private limited companies, and est...