Subsidy Planning on Business
Why Miss Business Subsidy Planning? More than 90% Businessman has not planned for subsidy at the time of starting their business. They planned for Land, Building, Plant & Machinery, Bank Loan, Raw Material, Marketing and Sales, Own Fund Requirement, Labor etc. but not make proper planning for Business Subsidy. The […]
Tax Need to be Collected on Sale of Goods
Dear Businessman, With effect from 1st October 2020 onward, now you have to Collect Tax from the buyer if he/she has purchased of Goods of value of more than Rs. 50.00 lacs from you. In other words, if you have made Sales of Goods to any person of Value of […]
Low EMI on Home loan & Repo based EMI Model
Dear Customer, Hurry up !! And Save your Interest cost on Home Loan. There is Good News that now your Home Laon EMI can be reduced with a lower rate of interest. RBI has issued a circular that directed banks to offer home loans linked to Repo Rate as new […]
THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020
Under ‘Vivad Se Vishwas Scheme’, taxpayer to pay only amount of disputed tax, will get complete waiver on interest and penalty, if scheme is availed by March 31, 2020………Click Here
What is the internal audit?
What is the internal audit? Internal audit is not just an assurance of performance of Organization but it is look after day to day working of Organization and Risk assessment of organization and help to organization to cop with, to meet, to tackle this risk and help to capitalize the […]
What is a compliance audit?
What is compliance? Compliance in a regulatory context is a prevalent business concern, perhaps because of an ever-increasing number of regulations and a fairly widespread lack of understanding about what is required for a company to be in compliance with new legislation What is a compliance audit? A compliance audit […]
What is tax Tax Audit and how is required to get audited there Account
Section 44AB of the Income Tax Act, 1961 specifies the provisions relating to tax audit. Tax Audit is compulsory for the following:- A person carrying on business, if the total sales, turnover or gross receipt in business for the accounting year or years relevant to the assessment year exceed or […]
Reasons Why Companies Do Not Outsourcing Accounting Services
All the time we come across several reasons and benefits of implementing accounting services to our business. Accounting outsourcing is good to leverage the collective expert opinion from a pool of experienced professionals. Accounting outsourcing has lots of advantages over the traditional system of keeping internal accounting team. Further, it depends upon […]