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...

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...

Set off and Carry Forward of Losses under Income Tax 1961

This article focuses on provisions of The Income Tax Act, 1961 and rules made there under relating to Set Off and Carry Forward of Losses. Adjusting of income under one head against the loss under another head is...

Tax Residency- Amendments in Budget 2020 and Impact on NRIs

The Finance Bill introduced alongside the Union Budget 2020 brought about an amendment in Section 6 of IT Act,1961 “Residence in India”, leading to Modification in Residency provisions and impact on NRIs.   The Residential status...

What’s next De-Globalization?

Deglobalization is the process of diminishing interdependence and integration between certain units around the world, typically nation-states. It is widely used to describe the periods of history when economic trade and investment between countries decline....

Calculate Interest under section 234A, 234B, 234C of Income Tax Act

Filing of Income Tax Returns and paying taxes are the responsibility of every Indian citizen. Failure in paying the tax or filing the ITR can lead to interest payments. It is in your utmost...

30 Inspiring Warren Buffett Quotes

I have read in a Book that “Buffett’s investment principles are “simple, old and few”. Most of his success came because of his personality, character, and willingness to learn from and teach others. Of...

5 Mistakes which can end your trading career in share market.

Making mistakes is part of the learning process when it comes to trading or investing. Investing is generally referred for a longer period of time. Traders generally buy and sell futures and options or shares for...

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