How To Start A Company : A Complete Guide for startup in India [AdSense-B] “Yes, I can do it!” I can start a business. But, how? There is a fire within us to make a dent in the universe. We synonymously call it as passion, which can achieve anything. But, a passion without direction will […]
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Form 15CA & 15CB: Your ticket to send money abroad
The income of NRIs can be taxable, but how will the tax department keep a track on payments made abroad? Form 15CA & 15CB is the answer! It is mandatory for anyone to file these forms before remitting payments abroad, if certain conditions prevail.
List of Payment Outside India With No Form 15CA & 15CB Required
In Moneyम्जी’s previous blog, we discussed about what are Form 15CA & 15CB, and when do you need them. Form 15CA & 15CB are required to be filed before remitting any payment outside India, if certain conditions are prevailing.
Beware of Cash Transactions from April 1
From April 1, 2017, be careful while accepting cash for more than Rs 2,00,000/- or pay 100% penalty for accepting it. Remember, it is the cash receiver who needs to pay the penalty and not the cash payer. It is a move towards eliminating cash transactions and shift towards cashless economy.
Why entrepreneurs can’t ignore EBITDA
EBITDA is the pulse rate of your company, and that’s also what makes it a sweet apple of investors eye. You just cannot ignore it, just cannot! It gives a clear reflection of your company’s ‘operating’ performance. There are many more ratios to check operating efficiency, but why this ratio stands away from the crowd […]
Udyog Aadhaar: Government’s treat for small and medium businesses
Namaste from Moneyम्जी! MSMEs, you are the power house of the India’s economy. Feel proud of it. The government recognizes your importance and hence, promotes you, provides you enormous benefits. Udyog Aadhaar is a valuable present that the government has provided for small and medium businesses.
Qualifications and Disqualifications of an Auditor
Qualification A Chartered Accountant holding a valid Certificate of Practice. A firm shall also considered to appointed by its firm name whereof majority of partners practising in India are qualified for appointment as auditor of a company.
Now is the time to attack! Start firing bullets at your taxes
Act before March-end, so that you don’t have to regret in July! So many clients put their palms on their head , when it is the time to pay taxes and file return, in July. Taxes have already fired at them, they have done nothing to save themselves against the tax shots. They could have […]
How to register under Startup India scheme?
Namaste from Moneyम्जी! Let’s understand about the process of registering under Startup India Plan. See, you are a startup, and fostering an environment of innovation, something which the government is promoting. You do deserve some benefits for that. Startup India Plan of the government provides you those benefits.
How to incorporate a private limited company? (Spicy way)
Forming a company with too many forms has become a ‘Baba Aadam Zamana’’s thing. Moving towards ease of doing business, Ministry of Corporate Affairs (MCA) has spiced up the way a company is formed, by introducing and constantly upgrading the SPICE forms (Simplified Proforma for Incorporating Company Electronically). Additional ‘masaala’ added in these forms now […]