Accounting covers a wide range of industries, including trade, business, government, financial institutions, private citizens, and all other sectors. The accounting concept governs all activities.
This article delves into the eligibility of ITC on motor vehicles, with a particular focus on exceptions for vehicles exceeding 13 seating capacity and the scenario of renting motor vehicles.
Individuals depositing in savings accounts INR 10 lakh or more in a financial year must notify tax authorities.
We'll be celebrating Hanuman Jayanti, honoring Lord Hanuman, known as Sankatmochan, the one who removes troubles. With his incredible strength and devotion, he has always been a symbol of hope during difficult times. Today, in our lives, especially when we face money problems, who acts as our Sankatmochan?
Trusts serve several functions and are a vital component of the Indian legal system. A legal arrangement known as a trust designates a trustee to hold assets on behalf of beneficiaries. There are various types of trusts with distinct functions in India. The six distinct categories of trusts in India will be covered in this article.
Gold operates under the fundamental price dynamics of supply and demand, similar to other capital markets. However, the couple of underlying factors influencing these dynamics are often more distinctive and can be both rational and irrational.
With effect from April 16, EPFO new withdrawal policy allows an account holder to withdraw up to INR 1 Lakh for medical treatments. This announced is made via a circular which allows an account holder to claim up to INR 1 Lakh for the treatment of illnesses for themselves or their family members.
In this article, we'll explore these tax rules for NRIs who work remotely from India for foreign companies. We'll look at what NRIs need to think about and what it all means.
According to the Income Tax Act of India, individuals are mandated to file an Income Tax Return (ITR) only if their annual income surpasses the basic exemption limit.
In this post, we will discuss the many charges that can be made against your property, the contrasts between moveable and immovable property, and the importance of the Transfer of Property Act of 1882.
Live class on PF & ESI Enrollment & Returns Filing(with recording)