Even if your turnover is Rs. 10 as an Individual or HUF, you can still be liable to get your Accounts Audited by a CA.

If you are an Indian resident paying taxes, whether you own a business or work as an employee or a consultant, you are required to file an Income Tax Return regularly. But, prior to filing your ITR, it is sensible to get your financial records audited by a Chartered Accountant or a CA. Q. Why …

Even if your turnover is Rs. 10 as an Individual or HUF, you can still be liable to get your Accounts Audited by a CA. Read More »

You can get a refund of TDS deducted by your Employer on Salary.

You can get refund of TDS deducted by your Employer on Salary. Most of us in our first job get to know about the importance of paying the inevitable Taxes. The process of filing an Income Tax Return is essential to keep a track of your budget. For an employee, learning about TDS is a …

You can get a refund of TDS deducted by your Employer on Salary. Read More »

Earlier there used to be a counter for filing an ITR; its 100% Online now all across India

Earlier there used to be a counter for filing an ITR; its 100% Online now all across India In the past 15 years, things have changed. A lot. The Internet has bought a very significant transformation in the world and in our lives. Earlier we use to spend hours shopping in the store wondering what …

Earlier there used to be a counter for filing an ITR; its 100% Online now all across India Read More »

GST monthly collection crossed 1Lakh Crore for straight 5 Months #NoRecession

If you are an Indian resident paying taxes regularly, you certainly should be aware of the types of taxes that you pay. This includes Income Tax, Capital Gain Tax, Corporate tax, etc. In 2017 a new tax law was introduced by the government that we now know as GST. In 2000, a committee was set …

GST monthly collection crossed 1Lakh Crore for straight 5 Months #NoRecession Read More »

As E-commerce is taking Businesses Global; Accounting will not remain as it was before

In the past decade, the ways of doing business have changed. The Internet has transformed how we used to look at the business sector a few years back. With E-commerce taking the charge, traditional ways of doing business will not remain the same. As technology is advancing day by day, the E-commerce sector is growing …

As E-commerce is taking Businesses Global; Accounting will not remain as it was before Read More »

Earlier, Physical Ledgers were created, now Tally and other simulations let you create books on a computer and access them anywhere.

With the world changing so quickly around us, accounting software solutions have become one of the most vital tools in the market. The technical advancements in the field of computers have changed the way we used to maintain our financial records, from Bookkeeping to Accounting. Accounting for your business regularly, yearly or quarterly, helps you to …

Earlier, Physical Ledgers were created, now Tally and other simulations let you create books on a computer and access them anywhere. Read More »