The World Congress of Accountants is the most prestigious event in the accountancy world. So what makes it more special this time? The fact that it is happening for the first time in South Asia in....

The World Congress of Accountants, which focuses on thought leadership and the global exchange of ideas, is regarded as the premier event for the accounting profession worldwide. The 21st World....

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....

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....

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....

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....

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....

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....

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....

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....