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A strong CFO can deliver measurable ROI—by uncovering inefficiencies, identifying growth opportunities, and managing risks—but for startups and SMBs, the $200k+ cost …
Introduction Section 54B of the Income Tax Act, 1961, provides a relief mechanism to taxpayers who sell agricultural land and invest the …
Introduction Section 54 of the Income Tax Act, 1961, is a vital provision that offers tax relief to individuals and Hindu Undivided …
Presumptive taxation is a simplified tax assessment method where the income of certain taxpayers is presumed based on a specific percentage of …
The Income Tax Return form ITR-U, introduced by the Income Tax Department of India, is designed to allow taxpayers to file updated …
Income Tax Returns (ITR) are forms that individuals and entities file with the tax authorities to report their income, expenses, and tax …
Double taxation occurs when an individual or entity is taxed on the same income in more than one jurisdiction. To alleviate this …
Under the Goods and Services Tax (GST) regime in India, businesses can claim Input Tax Credit (ITC) on the tax paid for …
Goods and Services Tax (GST) in India mandates businesses to file regular returns to ensure compliance with tax regulations. The type and …
The Goods and Services Tax (GST) has significantly impacted various sectors in India, and the restaurant industry is no exception. Implemented on …
The Goods and Services Tax (GST) system, implemented in many countries including India, aims to simplify tax compliance and boost revenue efficiency. …
Section 13A of the Income Tax Act, 1961, primarily deals with the taxation of political parties in India. This section outlines the …
A trademark is a unique sign, symbol, or expression that distinguishes the products or services of one entity from those of others. …
The Companies Act is a crucial piece of legislation in India that governs the registration, regulation, and dissolution of companies. Over the …
Internal auditing is a crucial function within organizations that focuses on enhancing operations, managing risks, and ensuring compliance with laws and regulations. …
Registering a firm is a crucial step for entrepreneurs and business owners, providing legal recognition, enhancing credibility, and ensuring compliance with relevant …
The structure of a company’s board of directors is a critical aspect of corporate governance. In India, the number of directors a …
A company is a legal entity formed to conduct business and engage in economic activities. Understanding the features of a company is …
The incorporation of a company is a crucial step in establishing a legal entity for conducting business. In India, this process is …
The formation of a company is a critical process in establishing a legal business entity. In India, this process is primarily governed …
Auditing is a critical process in assessing the accuracy and reliability of financial statements, ensuring compliance with laws and regulations, and evaluating …
The appointment of auditors is a critical aspect of corporate governance and financial reporting. Auditors play a vital role in ensuring the …
Internal audit is a critical function that helps organizations assess their operations, manage risks, and ensure compliance with applicable laws and regulations. …
Corporate Social Responsibility (CSR) is governed by Section 135 of the Companies Act, 2013 in India. This section outlines the criteria for …
The ABOI test—short for “Articles of Association, Business Objectives, Ownership Structure, and Internal Regulations”—is an important assessment tool designed to evaluate a …
Leave encashment is a provision that allows employees to convert their unused leave days into cash. This benefit is often part of …
Introduction The Employees’ Provident Fund (EPF) is a critical component of the social security system for employees in many countries, particularly in …
Introduction International trade is a vital component of the global economy, enabling businesses to expand their markets beyond national borders. In India, …
E-invoicing, or electronic invoicing, is a digital method of issuing and managing invoices. As businesses increasingly move towards digitization, e-invoicing has emerged …
Capital assets are crucial components of a company’s balance sheet, representing long-term investments that are not intended for immediate resale. These assets …
Financial markets play a crucial role in the economy by facilitating the exchange of funds between savers and borrowers. They serve as …
Banks are integral to the financial system, yet they operate differently based on their specific functions and services. Among the various types …
The global financial system is a complex web of institutions, markets, and instruments that enable the movement of capital and investment across …
Maintaining accurate and current books of accounts is essential for businesses of all sizes. This practice not only ensures compliance with legal …
Trusts are significant legal instruments that enable individuals to manage and distribute assets for the benefit of designated beneficiaries. They play an …
Gratuity is a significant employee benefit provided by employers as a token of appreciation for an employee’s long service to the organization. …
Introduction India is one of the fastest growing economies globally. It has – Substantial human potential and – A large market comprising …