Udyam Registration Notification and Process

Udyam Registration New Process effective from 1st July 2020 Classification of MSMEs and Procedure for Registration GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION....
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An analysis of India’s Fiscal Stimulus Package

On 12th May 2020, the prime minister of India Mr. Narendra Modi announced a ‘Fiscal Stimulus Package’ to provide a boost to the economy and counter the effects of COVID 19. Over the next five....
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Settings up the accounts department for Companies in India

For startups and newly incorporated companies, it is common to have questions like: How should I set up my account department? Does my company need a full-fledged accounting team? Should we appoint....
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Things to know before appointing an Accountant in India

Having analyzed the basics of accounting and the history of accounting in my previous blog, I move on to the following topics to be discussed in this blog. I will address the following Who can be an....
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Basics of Accounting in India

The term accounting has gained a lot of importance over the years. As a business function or as an area of work, accounting knowledge is something relevant for a lot of people. In this article we....
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Income Tax Filing Requirements!

Very soon it is going to be the tax filing season again! For FY 2017-18 (AY 2018-19) the due date for filing of Income tax returns for most individuals is 31-July-2018. Given the recent....
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This New Financial Year – Stay Nimble, Stay Agile.

The start of a new financial year is a good time to implement new processes and tighten the existing ones. A new year financial year is here. The pressures of year end activities, the race....
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One Return In One Year Is Now A Reality!

Introduction of late fees in Income Tax return for Individuals (AY 2018-19) With effect from 01st April 2018 a new section 234F has been introduced in the Income Tax Act. As per the....
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