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You are the average of the 5 People You Spend the Most Time with

  CA RAJENDRA SAH    14 May 2021 at 17:03

The people we surround ourselves with are the biggest influence on our behaviour, attitudes, and results. Who you are around - what they’ve got you thinking, saying, doing, and becoming - sets the course of your life. 



GST Relief Measures due to the 2nd wave of COVID 19

  Nikhil M. Jhanwar    14 May 2021 at 15:36

The Government has issued various notifications dated 01st May 2021 for providing various relief measures in terms of waiver of late fees and reduced rate of Interest for the period of March and April 2021.



Priority Sector Lending for Banking in India

  CA Robin Kumar    14 May 2021 at 10:02

Priority Sector Lending (PSL) is a means to provide advances to credit deficit and weaker sections of the society. These sectors are integral to the economic growth and development of the country.



Will the Second Wave of COVID-19 Shatter the Indian Economy?

  CA Sapna Ghelani    14 May 2021 at 09:42

The economic review of the Ministry of Finance in April 2021 is expecting the economic impact of the second wave to be lower than the first wave. It might be less destructive in nature as compared to the first wave of Covid.



Surprise Checks under Audit

  ABINAYA SURESHBABU    14 May 2021 at 09:42

The main focus of Surprise Checks under Audit is on internal control; they check whether the system of internal control is operating effectively or not.



Capital Gains and Dividend in Mutual Fund Are Taxable, Notice May Come on Ignoring

  Kapil Rana    14 May 2021 at 09:42

Mainly, mutual funds have two ways of earning. First Capital Gain and Second Dividend Income. Both earnings are taxable. Let us discuss how the same is taxable.



Why to form a Private Limited Company and how to give a Corporate Identity to your business

  CS Mohit Parashar    14 May 2021 at 09:42

Private Limited Company is the most popular type of Company in India. This article is aimed to give a general idea about the formation of a Private Limited Company to the entrepreneurs.



Reporting of dividend distribution by companies to the IT department under SFT reporting

  CA CMA Sagar Jaiswal    14 May 2021 at 09:42

Section 285BA of the Income Tax Act, 1961 read with Rule 114E of Income Tax Rules, 1962 says certain persons are required to report a statement of financial transaction (SFT) or reportable account to the Income Tax Department.



Interest, Late Fees and Penalty under TDS provision

  CAJayprakash Pandey    14 May 2021 at 09:42

Discussing TDS Interest and its different types, together with the late fees for delay in filing of TDS Return and penalty that may be imposed on late filing of TDS Return u/s 271H.



Restriction on Cash Transaction and 10 High value cash Transaction

  CAJayprakash Pandey    14 May 2021 at 09:42

This article will help you to solve your problem related to the restriction on cash transaction and the top 10 high value transactions as per the Income Tax Act/GST.