India has emerged as a global hub for outsourcing, offering a unique blend of cost-effectiveness, skilled professionals, and technological expertise. Over the years, businesses across the world have recognized India's potential to provide high-quality services,...
Decrypting Cryptocurrency in India
Cryptocurrency is one of the most highlighted ingenuity of the decade. Various countries deal with cryptocurrencies differently, e.g. in the USA, Bitcoin is treated as an asset. At the same time, Singapore recognizes Bitcoin as a valid currency, and Japan treats it as...
How to file Income Tax return when window to file the tax return is closed by Income Tax portal
Income Tax Return (ITR) is a formal document used by individuals and entities to report their total taxable income for a specified financial year. It serves as a declaration of income earned, deductions claimed, exemptions availed, and taxes paid. The ITR is essential...
Why a Tax Advisor is Essential for Your Business
Running a successful business involves a multitude of responsibilities, from managing finances and scaling operations to ensuring compliance with ever-evolving tax laws. While tax season can be a daunting time for business owners, partnering with a tax advisor can...
How Can NRI Transfer Money to India? A Complete Guide
For Non-Resident Indians (NRIs), transferring money to India is a common necessity, whether for family support, investments, or property purchases. With numerous transfer options available today, NRIs can find a suitable method that offers both convenience and...
The Role of Accounting in Business Decision Making
In today’s fast-paced and ever-evolving business environment, accounting plays a pivotal role in guiding businesses toward sound decisions. Whether you're running a small startup or a large corporation, understanding the financial health of your business is crucial....
Effective Strategies for Managing Business Debt
Running a business often involves taking on debt to fuel growth, manage operations, or navigate tough times. But if not managed properly, business debt can become overwhelming and hinder your success. In this article, we'll explore effective strategies for managing...
Top Reasons to Hire a CA While Setting Up a Business Successfully
The main reason to hire a CA for a business is they can handle your financial matters in an effective way. They manage key bookkeeping tasks like recording transactions, invoicing and cash flow monitoring. People usually believe that only large businesses need a CA,...
How you’re taxed when you are NRI?
As an NRI, your tax obligations can vary based on your residency status and the nature of your income. Let's explore the taxation scenarios for NRIs: a. The resident person on a foreign temporary assignment When an Indian resident is sent on a temporary assignment...