Navigating the Debt Maze: Smart Strategies to Avoid Traps Mastering the art of credit card usage is a crucial financial skill in today’s world. Striking the delicate balance between leveraging the convenience of credit cards and avoiding overextending oneself is essential. Furthermore, one must exercise caution when considering multiple lines of credit, such as loans …
How to Choose the Right Online Finance Lender for Personal Loans? Online finance is an ideal funding option during a cash crunch or financial emergency. With several NBFCs offering Personal Loans at competitive interest rates, getting one online has become much faster and easier than ever. That said, you should never decide in haste, as …
Exploring Different Types of Credit Cards: An Online Comparison Credit cards have become an indispensable financial tool offering convenience and flexibility of managing personal expenses. However, with several types of credit cards available, picking the right one may be difficult. Each credit card caters to different needs and lifestyles, making it essential to explore and …
Director Personnel Services are not covered under RCM Mechanism Services by directors in personal capacity to company not taxable under GST Reverse Charge Mechanism: Finance Ministry The Central Board of Indirect Taxes & Customs on 01 Aug. 2023 make an announcement subject to the recommendation of GSTN; Central Board of Indirect Taxes & Customs issue …
What Impact Can a Zero-Balance Savings Account Have on Your Life? In our busy lives, managing finances wisely is essential. Regular savings accounts often require maintaining a minimum balance which can be difficult for many. Fortunately, zero-balance savings accounts solve this problem. These accounts eliminate minimum balance requirements while offering various benefits that can impact …
Can a director also work as a salary employee or consultant Yes, that is possible. A director of one company may also work for another as an employee. The Companies Act of 2013 states that there is no such clause prohibiting directors from working for other businesses. Although the responsibilities and functions of a director …
key points to be disclosed or considered before finalizing the financials statement of Companies for the FY ended 202X. The finalization of an entry in the book of accounts for an entire financial year is referred to as the finalization of an account. The creation of the Trial Balance based on the ledger account marks …
Valuation requirements in case of Registered Valuer of Financial Assets in India A Valuation report in respect of shares, property or assets, tangible and intangible, movable and immovable, of the company must be prepared by a Registered Valuer in case or instance of a compromise or agreement between members (such as in mergers or amalgamations) …
Financial Planning Made Simple: Calculate Your Home Loan EMI with Ease When purchasing a home, one of the key aspects of financial planning is understanding and calculating your Equated Monthly Instalments (EMIs). Home loan EMIs play a crucial role in determining the affordability and feasibility of your dream home. The calculations can often seem complex …
FAQS on NRI Taxation Under Income Tax Act Q. : Are there any provisions under which NRIs are provided any refund of tax in India? In India, where the NRIs pays any amount of TDS in a financial year, and at the time of filing their ITR, their tax liability comes to be lower than …