Adhering to tax-related compliance proposed by the Indian government is mandatory for taxpayers in India. Taxpayers can also avoid heavy penalties and fines imposed by the government by filing their Income Tax returns on time. Here are some of the major...
Read moreA farmer wants to shift to another village for a certain reason and hence he sold his old agricultural land and from the sale proceeds, he purchased another agricultural land. In this case, the objective of the seller was not...
Read moreWe all know that on selling or transferring Capital Assets either long term or Short term, capital gains arise which are taxable in the hands of the taxpayer. Let’s understand with the help of an example Mr. Jorden purchased a...
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Goods & Service Tax (GST) is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes such as the excise duty, VAT, services tax, etc. What are the final GST rate slabs? Read more…
Section 193 deals with the provisions relating to TDS on interest on securities. Before going to the section lets understand what Interest on Securities means As per section 2(28B) of the Income Tax Act, “interest on securities” means any interest Read more…
Team Tell me a bit about your background and your co-founder(s)’s background. How do you all know each other? Why is your team uniquely motivated to solve this problem? Why did you pick your co-founder? Who do you need to Read more…
PART A The government’s focus on fintech, financial inclusion climate action find an early mention in Sitharaman’s prefatory remarks. The finance minister paints a robust picture of the economy as she starts her speech and adds this budget will lay Read more…
What is MAT? Imagine companies making millions of cash flow however end up paying nil taxes by taking advantage of depreciation, deductions, exemptions, etc from the government. So the government imposes a MAT as an advance tax on these companies. Read more…
What is GST? GST is known as the Goods and Services Tax. It is an indirect tax that has replaced many indirect taxes such as excise duty, VAT, services tax, etc. What are the final GST rate slabs? GST has Read more…
If you are thinking to start a new manufacturing business then India is the place to start your business. To boost manufacturing in India and make in India, the government introduced a concessional Tax rate of 15% instead of 22% Read more…
Product/Market Fit is a common concept in the startup world and is least achieved by startups. So in simple terms, PMF means being in a good market with a product that can satisfy the need of the market. To break Read more…