The advent of banking reforms in India has brought the concept of NPA (Non-Performing Asset) which has changed drastically the perception and approach of the bank and the customer when dealing with loans financed by the bank. The attitude of the bank and the borrower
Many people make investments in the name of their children. The income generated from such investments must be clubbed in the income of the parents. But in most cases, taxpayers tend to overlook such income. Such Practice should be avoided.
SEBI vise circular dated May 14, 2020granted one time relaxations from strict enforcement of certain regulations of SEBI
Are you a freelancer or an agency owner? You can file your income tax return in less than an hour.
An Annual General Meeting (AGM) is a gathering of all the shareholders and the Board of Directors of a Company. It is mandated by the law to hold the AGM at least once in a year to protect the interest of the shareholders.
Section 44AD covers provisions to reduce tax burden and to provide relief from tedious work to small tax assesses, the government of India has incorporated a scheme of presumptive taxation.
Section 194N is applicable in case of cash withdrawals of more than Rs 1 crore during a financial year.
two principles (a) Pay Yourself First (b) Have adequate Contingent Funds, first step towards financial freedom against any black swan events like COVID-19
Due to COVID-19 pandemic and challenges faced by taxpayers, the government has extended dates for various compliance in direct taxes.
For the compliance of provisions of Companies Act, 2013, there is a requirement of filing E-Form at web portal of the Ministry of Corporate Affairs (MCA). MCA is notifying provisions and E-form on regular basis accordingly Company and officers are required to file E-form with MCA.
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