Recent years include exponential growth in the Indian startup business, stimulating innovation, job creation, and economic growth. Without the Startup India initiative, the government of India’s flagship program that supports and encourages new firms, the development would not have been possible. The requirements for registering a starting corporation must be
The Goods and Services Tax (GST) changed the Indian business world big time in 2017. It replaced a complicated indirect state and central tax system with one streamlined system, making things easier & clearer. But how does GST help startups in 2024? Let’s dive in to find out the main
Developing a clear understanding about the income tax return filing is extremely important for a person earning income from India. As we are discussing ITR , its also important to note taxability that is the rate of taxes would depend on the residency status as well as the nature of
The year 2024 has ushered in substantial income tax reforms aimed at simplifying tax compliance and enhancing taxpayer benefits. These updates affect tax slabs, deductions, capital gains, and more, shaping the way taxpayers will approach filing their Income Tax Returns (ITR) in 2025. Here’s a detailed breakdown of the 9
Financial audits are extremely important! Not just because audit is a statutory requirement for all companies to comply, but also because it helps business to get true insights into the status of business health. Audits help ensure companies follow the law and stay compliant. In India, it’s not just about
