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Important activities every businessman should complete before 31st March
Important Things to do before financial Year End In India, the financial year is from April 1st to March 31st every year. As a result, the 31st of March is a critical deadline for meeting significant financial obligations. The mercantile system...
Riya Walke · 16 March · 1
What are the Depreciation Rates & Rules of Income Tax Act
According to the Income Tax Act, depreciation is the reduction in an asset's value brought on by use, deterioration, aging, or obsolescence. The Income Tax Act permits an entity's depreciation costs to be subtracted from its taxable income. Since de...
Riya Walke · 25 April · 1
What are the Depreciation Rates & Rules of Income Tax Act
According to the Income Tax Act, depreciation is the reduction in an asset's value brought on by use, deterioration, aging, or obsolescence. The Income Tax Act permits an entity's depreciation costs to be subtracted from its taxable income. Since de...
Riya Walke · 25 April · 1
Impact of GST on the Digital Marketing Sector
Introduction GST is expected to increase India’s economy and GDP. As a result, the marketing and advertising industries will grow. In general, Goods and Service Tax will lower production, logistical, and tax costs across a range of industries....
Ishita Ramani · 19 June 2023 · 2
What is the basics of accounting?
Accounting is often referred to as the language of business. It is a fundamental aspect of any organization, whether it's a small startup, a multinational corporation, or a non-profit organization. Accounting helps organizations track their fina...
Riya Walke · 18 October 2023 · 2
What is Capital Gains Tax rules & regulations?
Investing in a house property is one of the most popular investments, primarily because you get to own a home. Others may invest with the intention of profiting from the property when they sell it. It is important to note that a residential property is considered a capital asset for income tax purposes. As a result, any gain or loss incurred during...
Riya Walke · 1 day ago · 1What is Capital Gains Tax rules & regulations?
Investing in a house property is one of the most popular investments, primarily because you get to own a home. Others may invest with the intention of profiting from the property when they sell it. It is important to note that a residential property is considered a capital asset for income tax purposes. As a result, any gain or loss incurred during...
Riya Walke · 1 day ago · 1What Are Indian Accounting Standards?
Indian Accounting Standards Indian Accounting Standards (Ind AS) are a set of accounting standards notified by the Ministry of Corporate Affairs (MCA), Government of India, in accordance with the Companies Act, 2013. These standards are largely conv...
Riya Walke · 30 March · 1
ITR: Pay Tax Later! A Comprehensive Guide to the Government Scheme"
Introduction The "ITR: Pay Tax Later" scheme is a government initiative that aims to provide taxpayers with more flexibility when it comes to settling their tax liabilities. This scheme allows individuals and businesses to defer their tax payments, which can be particularly beneficial during challenging economic times or when une...
Riya Walke · 25 October 2023 · 1Difference Between Old Vs New Tax Regime: Which is Better?
A Guide to Tax Rates in the Old and New Regime The choice between the old tax regime and new tax regimes depends on various factors, including individual financial situations, income levels, and specific deductions or exemptions that a taxpayer can avail. Here are some key differences between the old and new tax regimes, which can help you un...
Riya Walke · 01 March · 1The Impact of Budget 2024, Income Tax, and GST
Budget Analyzing the Impact on Income Tax and GST The government has decided to leave the current rates of direct and indirect taxes unchanged. On February 1, 2024, Finance Minister Nirmala Sitharaman unveiled the Interim Budget 2024, which offers some reforms and relief for businesses and taxpayers under the Goods and Services Tax (GST) regime. A...
Riya Walke · 10 February · 1Streamlining Success: VJM & Associates LLP's (VJM Global) Expert Business Setup Services in India
When you think of business setup services in India, you enter a world with huge potential and rapid growth. Entrepreneurs interested in this dynamic market need experienced specialists to handle the challenging business startup procedure. VJM Global...
Ruhi Rajput · 02 February · 2
Advantages & Benefits of Marg Accounting Software
Advanced Tips and Tricks for Marg Accounting Marg Accounting Software has long been a trusted companion for businesses seeking a robust solution for their financial management needs. While the software offers a user-friendly interface for basic accounting tasks, there are numerous advanced features and hidden gems that can significantly...
Riya Walke · 17 January · 1Understanding GST Implications for Packers and Movers in Hisar
The Goods and Services Tax (GST) has revolutionised the way taxation is managed in India. It has brought in a uniform tax structure that simplifies the taxation process for various industries, including the packers and movers sector. In this article,...
Packers and Movers Hisar · 10 August 2023 · 2
Stay Up-to-Date with Latest GST Circulars: A Guide
The Goods and Services Tax (GST) is a comprehensive indirect tax system that has replaced multiple indirect taxes in India. It is a crucial part of the Indian economy and affects the sales, purchase, and trade of goods and services in the country. To...
Nikita Rai · 09 February 2023 · 8
ITR For Consultants
ITR For Consultants What is ITR? Income Tax Return (ITR) is a form which a person is supposed to submit to the Income Tax Department of India. It contains information about the person’s income and the taxes to be paid on it during the year. Information filed in ITR should pertain to a particular financial year, i.e. starting...
mohammed riswan · 15 June 2023 · 2