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Ca Shrinidhi Rao

Latest Posts by Ca Shrinidhi Rao

Payment of Remunaration to directors and Its GST impact

May 15, 2023 15090 Views 0 comment Print

Understand the three types of payments to directors by a company and their GST impact. Learn about mandatory GST registration, Reverse Charge Mechanism (RCM) notification, and recent clarifications on remuneration to directors. Stay informed to navigate GST implications effectively.

Amended Professional Tax Schedule [Karnataka] wef 0104.04.2023

April 5, 2023 80229 Views 8 comments Print

Explore the amended Professional Tax Schedule in Karnataka effective from 01/04/2023. Understand the tax liabilities, exemptions, and consequences for GST-registered persons, individuals paying income tax, and entities engaged in various professions, trades, and employments. Stay informed about the latest changes, due dates, and compliance details. Prakasha & Co. provides a comprehensive guide to navigate the Karnataka Tax on Profession, Trades, Callings, and Employments (Amendment) Act, 2023.

No Professional Tax if Salary is Less than or equal to 24999 in Karnataka

February 24, 2023 31536 Views 1 comment Print

The Government of Karnataka on February 24, 2023, notified that bill Karnataka Tax on Profession, Trades, Callings and Employments (Amendment) Act, 2023 to further amend the Karnataka Tax on Profession, Trades, Callings, and Employments Act, 1976. As per the notified schedule of the amended professional tax act, the limit to deduct the professional tax has […]

All about PAN-AADHAR linking: Post 31st March 2022

June 11, 2022 17622 Views 0 comment Print

If PAN is not linked with Aadhaar by March 31, 2023, then next year starting April 1, 2023, your PAN will become inoperative. Once your PAN becomes inoperative, your will not be able to file income tax return, open bank account, invest in mutual funds etc.

Who can file updated return?- ITR-U

June 10, 2022 15657 Views 1 comment Print

Learn about filing an updated return (ITR-U) under Income Tax regulations. Discover eligibility, time limits, form type (ITR-U), tax liabilities, and penalties. Ensure compliance and avoid penalties with updated returns.

Post GST Registration Compliance

June 10, 2022 3828 Views 0 comment Print

Post GST registration, ensure compliance for unorganised businesses. Display GST number, maintain proper invoices, monitor supplier uploads, identify HSN codes, file returns on time, and stay informed about regulatory updates. Don’t let non-compliance be a ticking time bomb.

Why does a start-up fail?

June 10, 2022 903 Views 0 comment Print

Uncover the common pitfalls leading to startup failures. From lack of research to poor execution, discover key reasons, such as multitasking, capital shortage, over-expectations, and the importance of networking. Learn how to navigate challenges and build a resilient startup.

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May 2024