Income Tax
Related-Party and its Reporting Requirements
Meaning of related party
So what does the term ‘Related Party’ mean.? How important this is to companies and individuals. What are the conditions to be recorded or understood before any transaction takes place? When...
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...
Startups
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...
Income Tax
Section 44AB of Income Tax Act- All about Tax Audit
Section 44AB of Income Tax Act contains provisions pertaining to the tax audit under the Income Tax Audit. Tax audit refers to the independent verification of the books of accounts of the assessee form...
Company Law and IBC
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...
Startups
Despite heath crisis, few Startups are still pivoting
"Never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before." Well said by Rahm Emanuel
The current situation...
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