Articles by CA CS CIMA Prakash Somani
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FAQs on Input Tax Credit (ITC)
INPUT TAX CREDIT Q.1. What is input tax credit? A.1. Input tax credit is the amount of tax paid by the dealer on purchases for which the dealer is entitled to claim a credit.
Income Prospects in GCC for Companies and Employees
Gulf countries are seen as bread and butter for many, especially for blue-collar employees. As you already know that Oil & Gas is the biggest source of income for Gulf countries however due to sluggish oil prices, their income has gone down drastically hence these countries are finding alternative means to earn income.
Income Tax sections at a glance
Section Head Limit Remarks Salary: 10(10) Gratuity 1. 3,50,000 2. Actual 3. Yr*15/30*Ang salary of 10 Months(Basic+DA+Comm) Basic + DA (forming part
E- TDS/TCS RETURNS - FAQ
FREQUENTLY ASKED QUESTIONS 1. What is e-TDS Return? e-TDS return is a TDS return prepared in form No.24,26 or 27 in e
Career opportunities in Gulf countries
This Article will answer most difficult and common questions about corporate culture in GCC and prospect between India & GCC
Everything about Company Secretary (CS)
Q1.Tell me something about the career of company secretary?A1.The use of the word secretary in the name of this specialisation is a bit misleading for one who i...
How to take Wise decision about Career
Everybody talks about one thing, I have to clear my CA exams but have you ever thought beyond CA course i.e. what will be your core area of interest once you become CA!There are n number of options like accounts, Finance, Banking, manufacturing, Serv
How to Deal with "Real Exams of Life"
Before I start saying anything, I want to ask you a question! What are the real exams of life? Someone will say School, Collage, CA, CS, CIMA Exams, the list is never ending however I would say THE LIFE ITSELF IS A REAL EXAM (My words). Agreed! Yes,
Time is free but its priceless!
How many times we might have heard this word but ever we understand the real meaning of it? If your answer is Yes then you are on right path but in case your answer is No then you are inviting trouble! Time is money and you are wasting time, if you a
Are you afraid of failure? Yes! No!
Are you afraid of failure? Yes! No! there cannot be any other answer to it. Those who think negatively in their life often come across difficulties because they themselves make things difficult for them by looking difficulties in everything they do.
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