Bitcoin loans are just like any other loans (personal loan, home loan etc.) which you borrow a specific amount from a lender and repay with interest. The disparity between Bitcoin loans and different kinds of loans is that Bitcoin serves as the collateral used to secure the loan. Bitcoin value changes acutely, which makes it… Read More »What is Bitcoin Loan?

For empowering small traders & manufacturers, the central government launched a transparent e-Marketplace which is known as GeM. Government e-Marketplace is commonly known as GeM. Any small trader or manufacturer can get a GeM registration for their business in very easy way. What Is Gem? The Government e-Marketplace (GeM) is commonly an e-commerce portal operated… Read More »What are the Advantages of GeM Registration?

Recently Central Board of Indirect Taxes & Customs has issued detailed guidelines for sanctioning, post-audit and review of refund claims. Let us discuss the Key feature and short summary of the guidelines. Instruction No. 03/2022-GST dated 14 June 2022. Central Board of Indirect Taxes & Customs has been observed that proper speaking orders have not… Read More »CBIC Issued New Guidelines for GST Refunds

In section 234A, interest is levied for delay in filing the ITR, filing of an updated return or filing of a return in response to notice issued u/s 142(1). In other words, if the taxpayer files the ITR after the specified due date then the interest u/s 234A will be levied. Rate of interest -Interest… Read More »Section 234A- Interest for Delay in Filing the Return of Income

In this article we will explain what is Salary Income? What are allowance? What is TDS on Salary, Taxability of Reimbursement of Expenses? What is Form 12BB? When relief under Income Tax Act- section 89 is available, standard deduction on Salary, effective date of enhancement of limit of gratuity from INR 10 lacs – INR… Read More »Salary Income – Answer to Common issues

Cryptocurrency trading is the act of pondering on cryptocurrency price movements through a CFD trading account, or buying & selling the underlying coins via an exchange. CFD trading on cryptocurrencies Contract for Differences (CFD) trading are derivatives, which enable you to speculate on cryptocurrency price movements without taking ownership of the underlying coins. You can… Read More »What Is Cryptocurrency Trading?

Company Registration is a good step towards business if you do it properly planned registration. We have made an effort to find out the best options before coming into company formation. To decide which is better, Proprietorship or Partnership or Private Limited or OPC company?  What kind of license need like FSSAI? ISO? Start-up? What… Read More »Importance of Company Registration

A crypto currency establishes themselves as a new form of digital money. With crypto currencies, an individual may be able to get rid of banks & other centralized middlemen altogether. This is happening because crypto currencies rely on a technology named as block chain, which is decentralized (meaning no single entity is in charge of… Read More »Taxation of Gains on Crypto Currencies

In the union budget 2019, the central government has announced an incentive for buying electric vehicle. In the budget speech, the finance minister of India has said that advanced battery and registered Electric vehicles will be incentivized under the scheme. A new section of Income Tax Act, 1961-section 80EEB has been introduced allowing a deduction… Read More »Section 80EEB of Income Tax Act: Interest on Electric Vehicle

Crypto currency is a digital currency that exists only electronically. Cyrpto currency is no physical coin you use a service that allows you to cash in crypto currency for a physical token. We generally exchange crypto currency with someone online, via phone or computer, without using an intermediary such as bank. Bitcoin and Ether are… Read More »What to Know About Crypto Currency and Scams