CA In Delhi has repeatedly said in the past that the present govt is a determined hungry wolf, who won’t let you go without paying taxes. The wolf government has proposed another attacking move to get its food. The government has proposed to make Aadhaar mandatory for filing Income Tax Return and applying Permanent Account Number (PAN) from July 1.
“Yes, I can do it!” I can start a business. But, how? There is a fire within us to make a dent in the universe. We synonymously call it as passion, which can achieve anything. But, a passion without direction will lead us nowhere. It needs to be put into action, not abruptly, but in
The income of NRIs can be taxable, but how will the tax department keep a track on payments made abroad? Form 15CA & 15CB is the answer! It is mandatory for anyone to file these forms before remitting payments abroad, if certain conditions prevail.
In CA In Delhi’s previous blog, we discussed about what are Form 15CA & 15CB, and when do you need them. Form 15CA & 15CB are required to be filed before remitting any payment outside India, if certain conditions are prevailing.
From April 1, 2017, be careful while accepting cash for more than Rs 2,00,000/- or pay 100% penalty for accepting it. Remember, it is the cash receiver who needs to pay the penalty and not the cash payer. It is a move towards eliminating cash transactions and shift towards cashless economy.
EBITDA is the pulse rate of your company, and that’s also what makes it a sweet apple of investors eye. You just cannot ignore it, just cannot! It gives a clear reflection of your company’s ‘operating’ performance. There are many more ratios to check operating efficiency, but why this ratio stands away from the crowd
Namaste from CA In Delhi! MSMEs, you are the power house of the India’s economy. Feel proud of it. The government recognizes your importance and hence, promotes you, provides you enormous benefits. Udyog Aadhaar is a valuable present that the government has provided for small and medium businesses.
Qualification A Chartered Accountant holding a valid Certificate of Practice. A firm shall also considered to appointed by its firm name whereof majority of partners practising in India are qualified for appointment as auditor of a company.
Act before March-end, so that you don’t have to regret in July! So many clients put their palms on their head , when it is the time to pay taxes and file return, in July. Taxes have already fired at them, they have done nothing to save themselves against the tax shots. They could have
Namaste from CA In Delhi! Let’s understand about the process of registering under Startup India Plan. See, you are a startup, and fostering an environment of innovation, something which the government is promoting. You do deserve some benefits for that. Startup India Plan of the government provides you those benefits.