What is IPO

Procedure for allotment of shares in IPO & Reasons for Non-allotment

You may have noticed cases wherein a person applied for shares in an IPO but was not allotted any shares but his friend applied for the same amount in the… Read more

How to prepare a Project Report on Real Estate for Project Finance?

The concept of Project Report for Real Estate project is slightly different from DPR (Detailed Project Report) of other sectors. In Real Estate, the project will be executed and will be completely… Read more

9 Reasons to unlearn Desktop Accounting

From pen and paper to spreadsheets, from a clunky desktop to a robust cloud technology, accounting has come a long way. Globally, though desktop users still hold the majority, the… Read more

3 Most Popular ways to finance any Product when you are short of Funds

It sometimes happens that you need to buy a product but you are short of funds. Earlier people used to turn to their family and friends wherein they used to… Read more

Income Tax on Startups in India & Tax Incentives to Start-ups

Several incentives were announced by the Govt in Budget 2016 regarding the levy of Income Tax on Start-ups in India. These incentives were further enhanced in Budget 2017. All these… Read more

Section-94A-Income-Tax

Locate your Income Tax Ward No./ Circle/ Range/ AO Code online

The Jurisdiction of the Assessing Officer i.e. his Income Tax Ward/ Income Tax Circle/ Income Tax Range No/AO Code is required to be stated while filing the Income Tax Return… Read more

income-tax-form-13-tds

Income Tax on Contract based Employee/Consultant

Many companies have now started hiring employees on contract basis. Such employees although work in the company premises and work as a normal employee but their legal status is not… Read more

Buying an Insurance

5 Tips to Choose the Best Health Insurance Policy in India

Times have been changing fast in every sector of life and economy, and healthcare is not an exception. The trends that we have seen somewhat sound like the following: There… Read more

Is a Personal Loan better than Credit Card for making Purchases

Life is full of uncertainties and you may not always have adequate savings to meet such emergencies. And in such cases where the savings are less but an expense is… Read more

tds-rent

TDS on Rent paid by Salaried, Businesses & Professionals – Updated

Budget 2017 and Budget 2019 have brought in certain amendments to the applicability of TDS on Rent and the rates at which TDS on Rent is to be deducted. Prior… Read more

Exam-Form

CA Final/ IPCC Exam Form May 2019: Application procedure

The Exam Forms for May 2019 Attempt would be available from 20th Feb 2019 and the last date for submitting the exam forms is 16th March 2019. Student desirous of… Read more

medical-reimbursement

What are the tax deductions available on Critical Ailments expenses?

A tax deduction is an overall benefit that comes complimentary with health insurance plans and medical expenses. There is a separate category that deals with specific critical ailments that involve… Read more

cost-inflation-index

Cost Inflation Index for 2016 and last 30 years: Updated

Cost Inflation Index (CII) is an Index which finds its utility in the income tax act at the time of computation of Long Term Capital Gains to be disclosed in… Read more

tax-home-loan

Tax Benefit on Home Loan: Section 24, 80EE & 80C

A very important criterion to be kept in mind while taking a Home Loan is the Tax Benefit on Home Loan. To explain the Tax Benefit on Home Loan, we… Read more

tax-on-rent-nri

Surcharge on Income Tax – Latest Rates

Surcharge is levied on Income Tax and is levied if Income is more than Rs. 50 Lakhs in case of Individuals and Rs. 1 Crores in case of Companies. The… Read more