Author Archives: M. M. Arora
Compounding Is the 8th wonder of the world- apply it to multiply your wealth
The money you save today and keep it for long time 10- 30 years with compounding interest i.e. interest on interest year on year and you end up saving an Continue Reading →
Wealth Management/ Financial Management/Resources Management
Very Important aspect of life is wealth management or the milder term – resources management in any body’s life. It mostly remains unattended due to ignorance of this vital area Continue Reading →
Foreign Trade Services
VISA ON ARRIVAL RENAMES e-TOURIST VISA w.e.f. 15.04.2015
Ease of doing Business in India
Documents required for export and import w.e.f. 1st April, 2015 (a) Mandatory documents required for export of goods from India: 1. Bill of Lading/Airway Bill 2. Commercial Invoice cum Packing Continue Reading →
Banking with Private Banks
The Private Banks are going to increase the service charges w.e.f. 01/4/2015. So take a call and compare the service charges vis-à-vis comfort/ convenience of dealing with Nationalized Banks/ Private Continue Reading →
Rate of interest on delayed payment of service tax
Delay upto 6 months @ 18% Delay beyond 6 months upto 12 months @ 24% Delay beyond 12 months @ 30%
Last opportunity to file Income Tax Return- by 31st March,2015
those who have not filed ITR for the financial year 2012-13 and 2013-14, have opportunity to update by filing ITRs till 31st March, 2015. Income tax returns are required at Continue Reading →
Companies Act 2013
MCA allows Loans to Staff under the HR Policy of the company without undergoing the approval mode and without restriction of rate of interest.
Advance Tax
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Third and final installment of advance tax for the financial year 2014-15 ( a.y. 2015-16) to be paid by 15th of March, 2015. If any short fall in the advance Continue Reading →