The day I qualified my CA Exams, I was on 7th heaven and very confident that clients would soon start coming to engage me for my services and there would be a long cue of clients waiting in my office....
The day I qualified my CA Exams, I was on 7th heaven and very confident that clients would soon start coming to engage me for my services and there would be a long cue of clients waiting in my office....
A child plan is a tailor-made investment cum insurance option to meet the financial needs of a child. In a child plan, there are two components– insurance and investment. The insurance component is designed to protect the child from unfortunate...
The Indian Tax Laws are very harsh when it comes to NRI’s. Any payment made to NRI is required to be made after deduction of TDS even if his income is less than Rs. 2.5 Lakhs (i.e. in the 0%...
A lot of young entrepreneurs reach out to me for guidance on how to get new clients. Although, I’m no expert in getting clients – but most of them are still interested in knowing what worked for me and what...
Have you received any income tax notice so far? If yes then keep calm and continue reading this article. Major reasons to expect notices or communication from Income Tax Department in Financial Year 2018-19 are: Income is more than non-taxable...
Income Tax Clearance Certificate is a document issued by the Government of India validating that the person has duly paid all the taxes due and has no pending liability. When and Who needs an Income Tax Clearance Certificate? An Income...
There are some valuables that we think are the safest in a bank locker. Most people have this opinion that your valuables are 100% safe when kept in a bank locker. But before following the so called trend, have you...
Yes, the free meal coupons like Sodexo are liable to tax. Our Income Tax law treats it as a free perquisite given by the employer to its employees and would be taxed if the value of the coupon exceeds Rs....
No Tax is levied on the amount deposited and withdrawn from the Provident Fund account. This is because Provident Fund account comes under the EEE bracket i.e. Exempt on Investment, Exempted Interest and Exempt on Maturity. Although no tax is...
Did you know, that there are equity shares that offer only dividends and an opportunity for price appreciation but without the voting rights. This means you get to issue equity shares for the purpose of raising funds but without diluting...