The world of corporate tax can be really daunting for entrepreneurs in lack of proper knowledge and a professional support. In simple words, corporation tax is nothing else but a direct tax imposed on the net income earned by enterprises. Both public and privately registered companies in India under the Companies Act 1956 must pay corporation tax. The tax is levied at a particular rate...Read More
Navigating the world of financial accounting Professionals usually call it an art. It can be called a specific branch of accounting that deals particularly in summarizing, recording and reporting various transactions taking place in different business operations over a certain period of time. Summarization of these transactions happens in the preparation of financial statements, such as income statement, cash flow statements, and balance sheet which...Read More
One of the most complicated and boring matters related to a business can be taxes, except for CPAs who actually thrive because of this element. That being said, taxes are a critical aspect in any business that can have a direct impact on their daily operations as well as the bottom line. In lack of proper tax planning, whether for sales, payroll, income or excise,...Read More
In general, business valuation includes processes to determine the economic value of a business or a company unit. The process is typically used to determine fair value of a business for various reasons: taxation, sales value, to initiate partner ownership, or may even be needed for divorce proceedings. Entrepreneurs require business valuation services to obtain an estimate of the value of the business. Valuation practitioners...Read More
The role of a company secretary has changed a lot in recent times. It has received immense attention in India after the value of good corporate governance has increased to become critically important in today’s world. Change has been derived most notably by the Companies Act 2014 that has retained the need for a company secretary in private and public firms. Consequently, the role of...Read More
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