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 →
Service Tax
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New service tax rate of 14% not yet applicable till notified, so all billings/invoicing to be done @ 12.36% until notification for 14% is given by govt.
Startup Advisor, Consultant, Guidance
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Idea to implementation guidance and support available to all new startups from a mature and experienced Business consultant- chartered accountant and company secretary at south Delhi- Lajpat Nagar, New Delhi-110024, Continue Reading →
Equity Outlook: How will the new FY kick start?
Equity Outlook: How will the new FY kick start? Dikshit Mittal of LIC MF, George Thomas of Quantum MF, Ravi Gopalakrishnan of Sundaram MF and Shridatta Bhandwaldar of Canara Robeco Continue Reading →
Inflation or the Economy: What Will Fed Rate Hikes Break First?
Inflation or the Economy: What Will Fed Rate Hikes Break First? By DICCON HYATT Published March 29, 2023 It’s a mantra for economists: When the Federal Reserve starts hiking rates, Continue Reading →
New IncomeTax Regime: Three Deductions
Three types of deductions are available under New Tax Regime. Union Budget 2023 has made the New Tax Regime attractive by providing taxpayers with an opportunity to claim some deductions. Continue Reading →
NRIs can remit up to $1 million from sale of property in India
I bought a flat in December 2017 for ₹1.2 crore in New Delhi. However, I got a job offer in 2018 and moved to Canada as a permanent resident. I have Continue Reading →
Post retirement, interest earned on PF becomes taxable
During employment, employees typically rely on provident fund as their lifeline mainly to build their retirement corpus. And with years of contribution both by the employer and the employee and Continue Reading →
Should you invest in international funds?
These funds offer the benefit of diversification, but consider the risks too Use these funds for some tactical allocation when there is a strong case for a particular market to Continue Reading →
You can bequeath undivided share in father’s HUF by executing a Will
My father passed away in 2014. His HUF is the owner of our home. My mother, one married sister, one widowed sister and I are in Delhi. Now I desire Continue Reading →
Interest earned on EPF balance post retirement is taxable
Typically, all salaried individuals contribute at least 12% of their salary to the Employees’ Provident Fund (EPF) account, and their employer matches the contribution. Employees can even voluntarily contribute up Continue Reading →
E-invoicing May Begin Under GST
New Delhi: In what could radically transform the indirect tax administration system and the way business is conducted, India is looking at the possibility of introducing electronic invoicing under goods Continue Reading →