Small, micro and medium-sized companies are the backbone of Indian economy. They provide employment at the grassroot levels, thus, strengthening the rural and lower strata of the society. But retaining employees is amongst the major concerns of the SMEs. Any organization grows because of the competent workforce it employs. For running a successful SME one […]
When it comes to Income tax, Indians seem a lot confused. Not everyone is aware about all the aspects of Income tax and that leads to myths being built around the whole concept of income tax. In this blog post we will see what are the most common myths related to income tax and we […]
SMEs face a number of problems on a day-to-day basis. The internal and external issues that keep arising hinder the working of the organization which ultimately has an adverse effect on the financial aspect of the business. In the previous blog posts, we have explored a number of topics pertaining to SMEs – MSME license, […]
Any business is run on finance, without finance it is surely going to crash. And the way to keep your business afloat is with the help of the financial statements. The financial statement of your company typically consists of your balance sheets, cash flow statements and your income statements. Careful study of these three facets […]
Everyone of us has that cliché dream to work hard till 40, retire early and then revel in the money earned. But most of us find ourselves toiling till the age of 60 with not enough time to do what we were always passionate about. The safest bet to fulfil your passion is by making […]
If the corporate life stifles you and you know that you are cut out for business then heed these simple tips before you start out. 1. Plan Plan your business before starting it. You may want to lock down on your niche, your office address, your supplier etc. It is not necessary to quit the […]
How does a messy cupboard look to you? Often a place where things are not arranged and you can’t find a dress ever when it is needed. But when you clean that cupboard, decide to organize the clothes, you find that dress you needed the other day for an occasion. That’s how organization works even […]
We live in a world where business is ruling the roost. No matter what lane you come from or what locality you live in, you will always find thousands of business in the area. But does every business that you come across is performing well for its owners? Maybe not. In that case, how does […]
Concessional rate of Tax applicability for individual business owners, Individuals, HUF and professionals as per the new amendment of Finance bill 2020 for Financial year 2020-21 Please read the entire article to get a hold of the optional tax benefit given to Individuals & HUF New tax structure is as follows: Annual Income New Income […]
Spice+ is a new initiative taken by the Government. Every year Government brings some or the other change in the procedure to Incorporate a Company. With effect from 23rd Feb, 2020 The Government came up with the new Form called Spice+ which is a web-based form. Let us understand the details of the new form […]
