"Sanjib is a enthusiastic professional who likes to speak about topics ranging from Accounting, Finance, Tax, Data Analysis and Data Storytelling. His main motto is to explain complex topics, find inter-relationships across various concepts, weave a relevant and appropriate narrative to it and present the story in the most aesthetic way."
Explore the increased tax exemption on leave encashment for non-government employees in India. Learn about the new limit, eligibility, and implications on retirement benefits.
Unlock the potential of e-RUPI, a revolutionary digital payment instrument on NPCIs UPI platform. Explore its impact on government welfare schemes, MSME credit accessibility, corporate applications, and its role in advancing digital governance with enhanced transparency.
Uncover the truth behind under-invoicing of imports into India. Explore the impact of trade mis-invoicing on illicit financial flows and tax evasion.
For the first time ever, India’s monthly exports of mobile phones surpassed the $1 billion threshold in September 2022 with y-o-y growth of more than 200%. Mobile phone exports: April 2022 – September 2022 : $ 4.2 billion April 2021 – September 2021 : $ 1.7 billion Meaning, as compared to same period last year, […]
Under Section 47 of the RBI Act, 1934, after making provisions for bad and doubtful debts, depreciation in assets, contribution to staff and superannuation funds and for all matters for which provisions are to be made by or under the Act or that are usually provided by bankers, the balance of the profits of the Bank is required to be paid to the Central Government.
Agriculture is exempt from income tax under Section 10(1). Taxes on agricultural income falls under Entry 46 in ‘State List’ under the Constitution of India. Thus, only the State Governments are competent to enact legislations for taxation of agricultural income and levy income tax. Thus, farmers who have no other sources of income are not required to file income tax returns.
Understanding the concept of a going concern entity in insolvency. Learn about the legal aspects and recovery prospects for lenders in corporate liquidation.
Understanding the impact of inflation on income taxes. Discover how hidden tax hikes can occur due to fixed tax brackets and deductions that lose value over time.
