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ITR

Top Tax Saving Investment to Consider for Your Income Tax Return

28-03-2023    Ashish Gambhir    Linkedin

Every salaried individual whose annual income exceeds Rs. 2.5 lakhs are needed to file an income tax return. However, if their annual income is less than Rs. 5 lakhs, they are eligible for a tax rebate. Those who are earning high have a higher tax liability, which making it necessary for them to red...

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Business Registration

How to Choose the Right Type of Company Registration for your Business

24-03-2023    Ashish Gambhir    Linkedin

Choosing the right type of business structure for your business is an important decision that will have legal and financial impact on your business. The best business form for any individual or organization depends on various factors such as the nature of the business, the level of control and manag...

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Virtual CFO

Virtual CFO vs. Traditional CFO: Which is Right for your Business?

17-03-2023    Ashish Gambhir    Linkedin

CFO and Their Role CFO stands for Chief Financial Officer, which is a high-level executive responsible for managing an organization's finances, including financial planning and analysis, budgeting, accounting, and financial reporting. The CFO is a crucial member of the executive team who provides f...

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income tax return

10 ITR Filing Mistakes by Indian Tax Payers which should be avoided

15-03-2023    Ashish Gambhir    Linkedin

As an Indian taxpayer, it is important to file your income tax return (ITR) accurately and in a timely manner to avoid any penalties or legal issues. While filing your ITR, there are certain things that you should avoid to ensure that your return is error-free and reflects your true income and deduc...

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compliance

Compliances for Private Limited Company

04-02-2023    Rajneesh Kumar    Linkedin

Every LLP or Private Limited Company must ensure several compliances after being registered as a corporate entity, some of which are Annually or some of them dependent upon certain events that occurred within the company. Here is list of some general compliance-based form that every private limited ...

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Company Name Change

Company Name Change

25-12-2022    Rajneesh Kumar    Linkedin

STEPS FOR PRIVATE LIMITED COMPANY NAME CHANGE PROCESS 1. Hold A Board Meeting and Authorize any director For a name change, the company must send a notice and hold a board meeting to change the company name by passing a resolution of the board of directors and authorizing one of the board dir...

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pvt ltd company closure

Closure of Pvt Ltd Company

15-09-2022    Nikunj Kaushik    Linkedin

Process for Voluntary Strike off (Closure of Company)  1. Hold Board Meeting to discuss and decide for voluntary strike off u/s 248(2);   2. Pay off all the liabilities before holding EGM;    3. Convene EGM for passing special resolution;    4. File...

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reasons of business failure

5 Reasons of Business Failure

10-09-2022    Ashish Gambhir    Linkedin

Top 5 Reasons of Business Failure Business Failure – Business Failure refer to the possibility of inadequate profits or even losses and shut down of business. There can be many reasons for business failure but the top 5 reasons are discussed below: Improper Accounting – Accoun...

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