In the past 1- 2 decades, our world has changed a lot. We comes from landlines to smartphones. We have almost shifted from wallet to digital wallet. Digital payments is a great shift whether it is vegetable vendors or big showrooms. After payment wallets we do not need to struggle to find exact change and always keep an eye on our wallet. In the same pattern there is one more… Read More »All You Need To Know About Cryptocurrency
Today We will discuss very interesting topic in case of Futures & Options and share trading tax audit is applicable or not- There are two types of share trading- Delivery based Non-delivery based First of all, let us discuss Delivery based transactions- In case of delivery-based transactions what is the Meaning of ‘turnover’- In case of delivery-based transactions when we buy any commodity including stocks & shares and hold it… Read More »Tax Audit In Case Of Futures & Options (F&O) and Share Trading
According to the recent press release released on the website pib.gov.in on 10th August, 2021 in respect of ‘Ministry of Corporate Affairs (MCA) amends Schedule III of Companies Act on disclosure norms in financial statements‘ As Ministry of Corporate Affairs by amendment in Rules of Schedule III on 24th march 2021 has already made lot of amendments in Schedule III of Companies Act, 2013. Schedule III stands for Financial Statement… Read More »Companies To Disclose Crypto Currency & CSR In Financial Statements
NRE account is also known as Non Resident External (NRE) account is referred as INR denominated account. Foreign currency earnings can be deposited in Non Resident External accounts which are maintained in Indian Rupees. Foreign currency earnings deposited in Non-Resident External account is completely repatriable. There is no limit on the principal amount and interest amount earned which can be repatriated. Interest earned on foreign currency earnings deposited in NRE… Read More »What Is Non Resident External (NRE) Account For Indian Seafarers?
Micro, Small and Medium Enterprises is also known as MSMEs are the backbone of Indian economy. MSME operating in various areas across the country silently, more than six crore MSMEs have an important role to play in building a stronger and self-reliant India. These small economic engines have a big impact on the country’s GDP-making a contribution of 29%. In addition, more than 11 crore people have got job in… Read More »MSME – Investment limits, Registration, Benefits & role on Indian Economy
Starting a business or any new adventure requires money, money is like a fuel to any kind of business. You can start small business and scale up as your products or services to become popular and reaching your new targeted audiences. No matter how little or small, you are most surely going to require money to invest in yourself first – learning new or developing existing skills needed to run… Read More »How to Arrange Fund for the Business
A person who have applied for a loan would be well aware of a credit score, but first-time loan appliers are often confused about the term. So, they must know what a credit score is? Most borrowers are unaware that a credit score makes a direct impact on your personal loan application. What is a Credit Score? A credit score is a numerical representation of a credit history of a… Read More »Why A Good CIBIL Score Is Key To Get A Personal Loan Quickly?
We all know that an individual’s income from salary, rental income & business income is subject to tax. But what about an individual who get income from sale or buy of shares? Many people spend their lot of time in share market to purchase and sell shares but are not sure of how this income is taxed? Income/Loss from sale of equity shares is comes under the head ‘Capital Gains’.… Read More »Income Tax on Share Trading
Affiliate marketing is an advertising form in which a company compensates third-party publishers to generate traffic or leads to the products and services of company. The 3rd-party publishers are affiliates, and the commission fee encourage them to find ways to promote the company. The Internet has increased the vogue of affiliate marketing. If we take an example of Amazon then Amazon made this practice popular by creating an affiliate marketing… Read More »What is Affiliate Marketing?
MSMEs a.k.a. Micro, Small and Medium Enterprises are considered to be the backbone of the Indian economy considering their valuable contribution to the country’s socio-economic development. An MSME is relatively a small scale organization where timely availability of funds and its proper management are extremely important for its long run sustainability and success. With the theme of the ‘Atmanirbhar Bharat’ in the year 2020, MSMEs have gained even more recognition… Read More »Virtual CFO Service -A Smart Choice for the MSMEs