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Sathyanarayanan V

Latest Posts by Sathyanarayanan V

Credit Rating -Characteristics, Types, Benefits & Credit Rating Agencies

January 13, 2022 64047 Views 3 comments Print

Credit Rating is an opinion of a particular agency known as credit rating Agency regarding the ability and willingness of an entity (Government, Business or Individual ) to fulfil its financial obligations in completeness and within the established due dates. It is very difficult for an individual investor to gather details about credit worthiness of […]

Sukanya Samriddhi Yojana and Taxation Benefits

January 7, 2022 4365 Views 3 comments Print

As a part of ‘Beti Bachao Beti padhao’ campaign (Save girls, educate girl child campaign), Prime minister Shri Narendra Modi launched a scheme Sukanya Samriddhi Yojana ( Girl Child Prosperity Scheme) on Jan,22 ,2015. -Sukanya Samriddhi Yojana  (SSY) aims to tackle major problem associate with girl child- Education and Marriage -The Parent of the child […]

Understanding on TDS under GST

December 30, 2021 295539 Views 3 comments Print

TDS under GST is applicable since 1st October 2018. As per GST Law- Certain categories of registered persons will be require to deduct taxes while making payment to suppliers. Sec 51 of CGST Act deals with TDS on GST. Applicability If the contract value is more than Rs 2.50 Lakhs, the following class of persons […]

Fantasy Sports and their Taxation

December 22, 2021 15648 Views 0 comment Print

Discover the world of fantasy sports and understand the taxation implications. Learn about popular fantasy game apps in India and the growth of the industry.

Deferred Tax VS Accounting Standards

December 11, 2021 6306 Views 0 comment Print

Pre-financial Income derived by Financial Books will differ with Taxable Income. This difference in taxable liability is temporary imbalance between reported amount of Income and its taxable income. This difference in Tax deferred in the Books of accounts, according to the case, and is termed as Deferred Tax.

Crypto Currencies and their Taxation in India

December 4, 2021 8121 Views 0 comment Print

A crypto currency or crypto is a collection of binary data which is designed to work as a medium of exchange. Individual coin ownership records are stored in a ledger, which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin […]

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