Bharat Suvarna
19 September 2023 at 02:04

Move Gift from parent from NRO to NRE

I want to repatriate funds which I my resident parent in India want to gift transfer to my NRO account, to save TCS of 5% (when sending directly to my UK account)

Then move from my NRO to NRE account

And Repatriate to UK

What are the tax charges to my retried parents to send to my NRO account?
Tax Charges for me to move that fund from my NRO to NRE? and how long does that take without me being in India?
And fees/tax to repatriate to UK?

Thanks for your support and response.


Princee Chokhawala
14 September 2023 at 16:45

Transfer in 3 year of articleship

I am in third year of articleship and i am on exam leave as my exam is due in Nov 23 and my principle want to surrender it's COP.


Divya

Hi, I'm a working professional with an MBA degree in Finance and marketing specialization. Can I pursue CA now.


jayesh khokhariya
12 September 2023 at 20:48

PF contributation regarding

Assesses is registered under PF so whether Employee and Employer contribution towards Provident Fund is Allowed as business expense under section 36(1) in Profit and loss or only employer's contribution is allowed as business expense and employees contribution is treated only liabilities


jaya
12 September 2023 at 18:33

Tds interest challan

hi,
instead of paying 3% interest i paid 1.5% at the time of payment of tds ...later realised that need to pay 1.5% more....so paid later....just wanted to check...while filing the return i should file the full interest in the tds amount (like tds+3% interest) or i should file tds+1.5% ??and challan (only interest paid) seperately? or i shall file with 3% and csi file will do the work? bcoz while putting the record, in RPU Software, i think it gives option of adding only 1 challan number?
pls help


Manash

Please help me to know the formula as per RBI regulation for NBFC-MFI. Whether accrued interest can be considered as part of financial Income & Financial Assets.


BHANU PRAKASH

for providing online computer courses for graduates for improving skills for their job searching with free of cost, how to proceed i.e, what is the right choice either creation of trust, society, company. which option is better to claim tax examption ( income tax and also gst). actually there is no contribution. but his aim to provide certain training to peoples who are searching for job. please give proper advice relating to what courses he can get tax exemption in detail.


srinu

I am looking for someone to create a monthly cost sheet summary based on the number of man-hours employees spend on specific assignments. I would like you to prepare cost sheets, graphs, profit and loss (P&L) reports, and other relevant details for each assignment separately, as well as an overall summary when multiple assignments are considered. For example, if three professionals spend hours on three different assignments in one month, I need individual P&L reports and cost sheets for each assignment, including earned value calculations, detailed graphs, and so on.
actually we are professional service provider company looking for excel sheet on the above request.


Guest
09 September 2023 at 10:44

Restrictions on NRE account remittance

For remittance under LRS, I see there are restrictions (e.g. the foreign currency cannot be used for trading options in US market)
https://www.rbi.org.in/Scripts/FAQView.aspx?Id=115#Q2

Are there any such restrictions for remittance made from NRE account?


RAMESH VEERA
07 September 2023 at 22:18

NEW PARTNERSHIP COMPANY CREATION

Me and my 2 other partners have planned to start a partnership company . For example, company name is xxxxxx marketing. if its a private limited (directorship) ,I know that i need to check in registrar of company for name availability. likewise for partnership companies should we check in any other government portals like GST, INCOME TAX ,etc. Kindly give me suggestions.





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