Income Tax
Penalty u/s. 270A and 271(1)(c)
Before the introduction of S. 270A, Section 271(1)(c) of the Income Tax Act was in place being penalty on concealment of income and or furnishing inaccurate particulars of income. However this section always caused...
Income Tax
Finance Act 2020: NRI can stay in India only for 119 days, if his taxable income is more than Rs.15 lakhs.
During the Budget 2020, Finance Minister proposed changes in the criteria for determining residential status for Non Residents Indians for tax purpose. On March 23, 2020, the proposal was accepted in Lok Sabha with...
Top News
Extensions announced under Direct Tax, Audit Compliance and RERA due to Covid 19
The Finance Minister Ms. Nirmala Sitharaman, in the press release held on 13.05.2020 announced various relaxations in respect to deadlines and due dates under Income tax return filing, Tax Audit, Vivad se Vishwas scheme...
Finance
Why it is important to know your business’s “Working Capital Cycle”?
A working capital cycle (WCC) may sound like financial jargon, but it’s an important concept for business owners to understand. What entrepreneur wouldn’t want to know how fast their company can turn a profit?
The Working...
Finance
Index funds – Here’s why they’re a smart investment.
Index funds, created by John Clifton Bogle almost 45 years ago
as a way for everyday investors to compete with the pros. Index funds are a
form of passive investing which is an investing technique that...
Startups
THE TITAN’S TITAN STRATEGY OF “IMPURE TO PURE” AND BUILDING THE TANSIHQ BRAND
Tanishq’s early commercial ads were presented in a luxurious
ambiance and showed studded and diamond jewelry. All this served to win over
the elite customer base. But it also served the perception that Tanishq was a
high-price...
Top News
BIG 4 – Shift from an Accounting Firm to a Professional Service conglomerate globally!
The Big 4’s
are world’s four largest professional service firms.
We can call
them as the secret Google, Microsoft, Apple & Amazon of Accounting firms.
Their revenues are huge and they have strong entry barriers in their sector.
They...
Company Law and IBC
Covid-19: Bankruptcy Dominoes
As on 10th of May 2020, there are around 4.06 million reported cases of coronavirus confirmed all around the globe, costing humanity as many as 280’K lives. And, looking forward it looks like the...
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