Guidelines for Assistance to Incubators under Startup India Seed Fund Scheme

The following are the guidelines for assistance to incubators under the Startup India Seed Fund Scheme Experts Advisory Committee (EAC) shall evaluate incubators for grant...

Income Tax Slab Rate for AY 2021-22 (Latest)

Income tax payment for individuals and corporate entities is a mandatory requirement as per the Income Tax Act, 1961 if their annual income is...

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Index funds – Here’s why they’re a smart investment.

Index funds, created by John Clifton Bogle almost 45 years ago as a way for everyday investors to compete with the pros. Index funds are...

Section 44AB of Income Tax Act- All about Tax Audit

Section 44AB of Income Tax Act contains provisions pertaining to the tax audit under the Income Tax Audit. Tax audit refers to the independent...

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Tanishq’s early commercial ads were presented in a luxurious ambiance and showed studded and diamond jewelry. All this served to win over the elite customer base....

BIG 4 – Shift from an Accounting Firm to a Professional Service conglomerate globally!

The Big 4’s are world’s four largest professional service firms. We can call them as the secret Google, Microsoft, Apple & Amazon of Accounting firms. Their revenues are...

Covid-19: Bankruptcy Dominoes

As on 10th of May 2020, there are around 4.06 million reported cases of coronavirus confirmed all around the globe, costing humanity as many...

Despite heath crisis, few Startups are still pivoting

"Never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could...

Set off and Carry Forward of Losses under Income Tax 1961

This article focuses on provisions of The Income Tax Act, 1961 and rules made there under relating to Set Off and Carry Forward of Losses. Adjusting of...

Tax Residency- Amendments in Budget 2020 and Impact on NRIs

The Finance Bill introduced alongside the Union Budget 2020 brought about an amendment in Section 6 of IT Act,1961 “Residence in India”, leading to...

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