Latest Post and Updates

As the saying goes, "In this world, nothing is certain except death and taxes." While tax season might not be the most exciting time of the year, it's a crucial responsibility for all eligible citizens. Filing your Income Tax Returns isn't just a legal obligation; it's a financial decision that…

Health insurance is unquestionably one of the most essential insurance policies to have given rise to health issues occurring at a young age in the contemporary environment. Additionally, excessive medical care expenditures stress the need for health insurance plan. But unfortunately, because it offers only rewards if you become ill,…

In voluntary winding up, when a company decides to close down its operations, a liquidator is appointed to oversee the process. But what exactly does a liquidator do? The liquidator holds significant powers, including gathering and selling company assets, settling debts, and distributing remaining funds to shareholders. Moreover, they bear…

Rome was not built in a day, as the saying goes. The same is valid for tax planning. Tax planning that is timely, consistent, and effective can result in significant savings. Furthermore, it simplifies the annual procedure of filing taxes. 7 Crucial Expenses to Know Before Tax Planning Tax planning…

Are you searching for a way to supercharge your retirement fund? Look no further than the Employees Provident Fund Deposits (EPF)! Not only does it offer the convenience of automatic contributions, but it's also one of the only investment options in India that guarantees a high rate of return. With an…

Filing income tax returns is an essential obligation for every taxpayer in India. It allows individuals to report their earnings and claim refunds if they have paid more tax than necessary during the financial year. To facilitate a seamless tax refund process, the Income Tax Department of India has introduced…

In the corporate world, the Companies Act, 2013 (hereinafter referred to as “Act”), plays a crucial role in regulating and governing the functioning of companies in India. One of the critical aspects addressed by this legislation is the provision of loans to directors. The Act has established stringent guidelines and…

Income tax is an essential source of revenue for the Indian government, contributing significantly to the nation's development and welfare. To ensure the proper collection of taxes and adherence to tax regulations, the Income Tax Department issues notices to taxpayers when discrepancies or irregularities are identified in their tax returns…

Are you excited about turning your passion into a profitable venture? Well, you've come to the right place! This easy-to-follow guide will show you how to prepare a business plan, the roadmap that will lead your startup to success. In simple language, we'll walk you through each step, ensuring you…

Have you ever wondered how certain rules and regulations under the Companies Act of 2013, apply differently to various companies? The answer lies in "Threshold Limit under Companies Act." These limits are specific monetary or operational values set by the government to classify companies based on their size, turnover, or other…