Introduction Section 80DD is designed especially for those people who are facing personal challenges in their life. For providing with the required support in order
Introduction Sections 80C, 80D, and 24 are the usual suspects when it comes to income tax deductions (b). But have you ever dug into the
Introduction Introduction: Here is the news: If you are under the impression that the interest you are saving in your bank account will yield more
Tax planning is critically important for your financial well-being as a high-net-worth individual (HNI). Managing taxes becomes increasingly complex with higher incomes, and it’s a
The number of entrepreneurs in India has increased significantly in recent years. These individuals are working hard to build enterprises from the ground up and
Any company that wishes to be successful must have financial research and reporting under top priority. They demonstrate the company’s financial situation’s strength. They ensure
The secret sauce to success of your business lies in the small details of your business. It lies in how you manage your operations, your
Form 10BA is the most essential requirement to claim the house rent deduction under Section 80GG. However, you must not be receiving HRA (House Rent
According to media reports, Finance Minister Nirmala Sitharaman is scheduled to release the Modi 3.0 government’s first Union Budget for fiscal year 2024-25 on July
Knowing how to figure out the accounts receivable turnover rate is critical for a company to be financially stable. This number helps you determine how
As the new government is taking charge, the 53rd GST Council Meeting has already been scheduled for June 22, 2024, in New Delhi. The meeting
Introduction Whether you own a multinational company or an MSME unit in India, you must understand that the success of your business depends solely on
With the end of a fiscal year at hand, it’s time that you take control of your finances. Be it an entrepreneur or a layman,
Budgeting and making wise financial decisions will be the key for your business to have great results in the next 2024-2025 financial year. It consists
As we embark on a new financial year, it is very important to do the necessary work in developing financial stability and success. Budgeting, a
However, as we approach April month we hardly remember to have a week to get prepared for our deadlines for payment. More than that, their
As the new financial year gets near, it is essential to make well-informed decisions regarding investments to save money on taxes in the financial year
Introduction The valuation rules have eased out the GST process. However, several challenges remain. The interpretation of certain provisions, like related persons, requires clarification. Many
Introduction The new GST system aimed to make taxes more straightforward to understand and more manageable for taxpayers. Its main goal was to give businesses
Introduction Pursuing GST brought about a revolution in India’s economic history. It had diverse effects on several sectors. GST replaced a multi-tax system, which was
Introduction Simplifying the management of internal movements of goods within a single legal entity is essential for following regulations. It also prevents tax obligations. From
Introduction The new tax system, GST, aimed to simplify the taxation process and reduce the burden on taxpayers. Moreover, this system was a marvellous move
In the rapidly changing environment of micro, small, and medium-sized enterprises (MSMEs), sound financial management is critical to success. Whether you’re starting a new business
Executive Summary Input Service Distributor The office receiving invoices for or on behalf of distinct persons shall be REQUIRED to get registered as Input Service
The Budget presented by Honourable FM Smt. Nirmala Sitaraman on 1st February 2024 was an Interim Budget or a Vote on Account Budget. Hence, there
Inventory planning is a critical process for businesses, involving the determination of optimal stock quantity and timing to align with sales and production capacity. This
The annual budget is essentially a roadmap for any country’s financial path and can determine the future of different fields such as Micro, Small, and
When in the history of the world economy was a constitutional revision project debated for six years and then passed by the Union Parliament and
