In Indian tradition, gold is one of the most valued metals. No auspicious occasion goes by without the use of this metal, from festivals to marriages to birthdays. Indian temples are known for their new and ancient gold idols, which are well-protected against theft and burglary. Gold is regarded by the majority of Indians as …
What is Indirect Tax?
Indirect tax is a tax that can be accepted on to another individual or unit. Indirect tax is usually levied on suppliers or manufacturers who pass it on to the final consumer. Excise duty, Custom duty, and Value-Added Tax (VAT) are some of the examples of Indirect taxes. Indirect Tax in India Here are numerous …
How Foreign Companies Start a Business in India
As India is developing country and that too one of the fastest developing country in world, it is normal that other countries wanted to invest in India. India is actually a hub doing business as the cost of production in India is low which ultimately increases the Demand curve of a product or service. With …
Foreign Exchange Transaction and their Risk
Foreign Exchange (FX or Forex) is the trading of one currency for another. It can take place on the foreign exchange market and also known as forex market. The Foreign Exchange Transactions refers to purchase of foreign currencies & the sale. It is an agreement of exchange of currencies of one country for another at …
What is Corporate Finance
Corporate Finance has three main area of concerns : capital budgeting, capital structure, and working capital. Corporate Finance is often concerned with maximizing shareholder value through long- and short-term financial planning and the implementation of various strategies. It activities range from capital investment to tax considerations. It is directly related to company decisions that have …
Accountant in India
Financial operations involving a company’s accounts or other money-related problems necessitate specific care, especially while operating in India as a foreigner. A specialist’s assistance can also aid in understanding how the taxation system in this country operates. Whatever form of financial transactions you wish to complete, an accountant in India is one of the specialists …
Key Highlights of Union Budget 2022-23
The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. The key highlights of the budget are as follows: No change in Income Tax Slab during the Financial …
Business Valuation Process
In this post, we’ll go through the business valuation process, the many methods for valuing a startup, and why having competent specialists when appraising a firm is critical. The process of determining a company’s value is known as business valuation. It is an analytical technique for determining the value of a firm, property, or asset …
Goods and Service Tax Return Filing
Want help filling out your GST returns once you’ve completed your GST registration? Virtual Auditors come to your aid. The Goods and Services Tax (GST) is an indirect tax paid on the sale of goods and services that was introduced by the government in 2017. Every ordinary business must file a tax return on a …