Bookkeeping is the backbone of any business. Business owners must aware of these basic techniques for their business growth. It not only serves the purpose of recording business related transactions but is also very useful for; Tracking inventories, assets and liabilities  Securing investments Preventing and detecting frauds Preparing and filing income tax returns Preparing financial...Read More

The tax and accounting industry is constantly evolving, and in doing so, it sets high standards of rules and regulations for financial and audit procedures. Accountants and their clients are now dealing with each other with better means of technology, which helps in best-negotiated deals favoring each other. The accounting and tax industry has seen...Read More

Tax planning is a daunting task for both individuals and corporates alike. Every person liable to pay income tax has many options to choose from while tax planning. Given the number of amendments, notifications, and sections in the Income Tax Act, each person’s tax planning is always different. However, it is important for every entity...Read More

John C. Maxwell once said, “A leader is one who knows the way, goes the way, and shows the way”. What a leader is for a team, the CFO is for an organization. The CFO is the head of financial operations and is in charge of all the financial activities. Being in charge of the...Read More

Businesses need financial data and information to understand the present state of operations and to predict future opportunities. Financial reports help owners and management to focus on important aspects of financial data. More so, financial reports help the organization stay focused on its business operations. And ensure their goals and objectives are being achieved as...Read More

According to Albert Einstein, one of the brightest minds ever seen, the hardest thing in the world to understand is the taxes. And it is rightly so. With the changes and additions in the tax laws year after year, it becomes a challenge to the unversed to tackle taxation. The pandemic has further complicated the...Read More

The famous entrepreneur of the 17th century, William Penn, mentioned diligence and patience as the two qualities which like faith, can move mountains. Diligence is not a new concept, but lately, its significance in the business world is more recognised. So, what is due diligence? It is an extensive appraisal of the different aspects of...Read More

The Indian government, in its union budget for 2022-2023, has laid a roadmap to bring stability and technological development to the Indian industry. So that domestic companies may have a competitive advantage to compete globally. The budget has provided incentives to startups so that they grow, flourish and create sustainable business development that benefits the...Read More

The fear of a new variant of Covid-19- Omicron, and the rising cases of infections and deaths, has affected the Indian economy to a great extent. The government is always trying to ease and provide relief to its citizens. One way of providing this relief is by extending the deadlines for filing various compliances like...Read More

The pandemic has forced the business world to change in more ways than one. It was responsible for fast-tracking the digital transformation in business. It is also transforming in leaps and bounds. The accounting division of many organizations started working remotely. Adaptability became the buzzword for sustaining a business.   The year 2021 saw a continual...Read More