Thousands of new businesses are started every day, but only a few ever make it to market. What, then, is it that causes so many new businesses to fail, and why is it difficult for even well-established companies to keep afloat in such stormy seas? There might be a wide variety of factors contributing to...Read More
A new section 194R- TDS on benefits or perquisites provided has been introduced in the Finance Act, 2022. Section 194R is applicable with effect from July 01, 2022. Some important things about Section 194R Its Aim: Earlier companies/ perquisite providers would provide perquisites and/or benefits in either cash or kind to their distributors, channel partners,...Read More
The Repo Rate is the interest rate at which commercial banks borrow money by selling assets to our country’s central bank, the Reserve Bank of India (RBI), in order to maintain liquidity in the event of a fund shortfall or regulatory measures. It is one of the RBI’s primary instruments for keeping inflation under control....Read More
Many business owners seek total control of their firm, because of which they neglect to outsource non-core services such as bookkeeping. However, a prevalent misperception is that it is more expensive to do so than to manage the procedures internally. On the contrary, outsourcing your accounting back office to a virtual bookkeeping assistant might improve...Read More
Good Tax planning will help you enjoy the results of your following Income Tax returns. While the 2022 tax season is complete, there is no time to take a relaxed position. The best way to save on taxes is to acknowledge the list of significant returns. There are multiple tax-saving investments available that demand your...Read More
The perks of outsourcing finance and accounting services are multiple. The common one beings save time, is a cost-effective method, etc. Today multiple small and medium-sized businesses are rendering this outsourcing services with confidence. What makes them trust these book-keeping services is exactly what our blog will cover today. Why Should Your Business Outsource Finance...Read More
Tax preparation becomes more straightforward with the experts in this job role. Hiring new individuals can do the job. However, only an expert will be able to prepare your taxes on time and assist you better. Thus to confirm your investment in outsourcing tax preparation, here are five reasons. 1. Saves Time The number one...Read More
Say Goodbye to FRAUD and THEFT! When it comes to business/finance, we all want to feel safe and secure. Theft and fraud are serious issues that we should all be aware of. So, if you want to learn more about fraud and security scams, keep reading! Nowadays, dealing with money scams and online...Read More
Be it a large business or small, tax saving is on top of the mind for everyone! Every business owner is searching for ways to minimize their tax outgo via various exemptions and deductions. In this blog, we shall discuss some of the best tips concerning tax planning for businesses. Stay with and read on! ...Read More
A simple way to ensure financial stability in our lives is to have a plan to know our income versus expenditures, and leftover funds if any. Such a financial plan or tool which works as a framework or guidance to balance our money is the Budget. Nearly 18% of employees in the U.S, who earn...Read More
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