The Companies Act 2013 passed by the Parliament received the assent of the President of India on 29th August 2013. The Act consolidates and amends the law relating to companies. The Companies Act 2013 was notified in the Official Gazette… Read more
Author: Admin
Top reasons to save money!
If you are a kid earning money – say you are about 25 years of age, do you ask yourself ‘why should I save money?’ Well if you are from an Indian family, chances are you have seen the people… Read more
You must invest at least 10% of your salary!
Normally people invest to get returns. No doubt, everyone invests for returns. That magic figure governs the fate of all investment products. The logic in people’s minds is simple: The better the returns, the more money you will end up… Read more
Who is required to file Income Tax Return
The due date for filing Income Tax return is very close, in this situation everyone must be aware whether they are required to file ITR or not. It is required to file Income Tax Return in the following situations: •… Read more
6 Things To Be Kept In Mind For Budding start-ups
Startup business is a business trying to mark its presence in the most competitive marketplace . For any startup business of any domain, there are different requirements and points to be considered. Out of which raising funds comes on the… Read more
Should You Invest in Gold or Silver?
The prices of bullion coins have increased in recent years. High inflation rates, slow economic growth, loss of global value of currency, and social and political uncertainty leads to increment in prices of precious metals. While gold has never lost… Read more
Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17
Requirement of Furnishing Details of Assets & Liabilities in New ITR Form for A.Y. 2016-17 Introduction- The Government has notified the New ITR Forms for the Financial Year ended 31st March 2016. The Income Tax department notified a new set… Read more
Requirement of PAN and TCS on Cash Transaction
Background: In order to curbing the circulation of black money and widening tax base, the government has recently notified changes in the monetary limits that will require mandatory quoting of PAN with effect from 01-01-2016, under section 139A (5) (c)… Read more
Why do Investors use Credit Ratings?
If you invest in bonds, notes, or other debt instruments, you have probably come across credit ratings. these credit ratings usually appear in the form of alphabetical letter grades (for example, ‘AAA’ and ‘BBB’) and are intended to give you… Read more
Clarification on amendment in section 206C of Income Tax Act
It’s wonderful to have clarification vide circular no. 23/2016 dt. 24th June, 2016 from Government. Government had clarified liability to collect Tax at Source (TCS) from customer will only and only arise if amount of sales consideration received to us… Read more