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Understanding the Scope of Accounting

  Ishita Ramanipro badge    23 April 2024 at 08:39

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.



ITC on Motor Vehicles under GST: A Detailed Analysis

  CA. Bhavik P. Chudasama    22 April 2024 at 17:44

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.



Cash Transaction limit for FY 2024-25

  Mitali    22 April 2024 at 17:33

Individuals depositing in savings accounts INR 10 lakh or more in a financial year must notify tax authorities.



Who is our "Sankatmochan" during Financial "Sankat"?

  CA Umesh Sharma    22 April 2024 at 14:25

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?



Various Types of Trusts and their Importance

  Ishita Ramanipro badge    22 April 2024 at 08:33

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 Price is shining - Know the reasons

  Affluence Advisory    22 April 2024 at 08:33

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.



New EPFO Withdrawal Policy: Get 1 Lakh for Medical Treatment When You Are In Need

  Mitali    21 April 2024 at 10:51

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.



Tax Rules for NRIs Working Remotely from India

  CA Arun Tiwari    20 April 2024 at 07:13

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.



Filing ITR is Mandatory despite Income below Exemption Limit

  CA Pallav Singhania    20 April 2024 at 07:07

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.



Various Types of Charges on Property

  Ishita Ramanipro badge    19 April 2024 at 13:34

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.




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