With regard to bank accounts for sole proprietary concerns, there has been a new compliance procedure introduced by Reserve Bank of India. These new procedures are not only applicable to new concerns but also for existing businesses. Effective from 1st April 2010, as per RBI Circular, the key changes in Proof of existence for proprietorship [...]
Let’s imagine a situation wherein you are an entrepreneur. You render services to your client. Raise an invoice on him. He deducts tax at source (TDS) at the applicable rate of tax. And issues a Certificate at the end of financial year for you to either adjust the same against your tax liability or to [...]
We are sure that our earlier blog on ‘Professional Tax’ has been useful in explaining the basic concepts. We understand that there are many employers who struggle to get the professional tax rates to be recovered from employees. In our experience, we notice that even the officers at the respective Professional tax office are not [...]
Here’s a news about our client – Cogizu Media Solutions Pvt Ltd. They are the innovators of bigfuncity.com __________________________ “For enthusiasts of any kind, getting to know more about their field of passion is a bonus. So the launch of a new gaming portal — bigfuncity.com — serves as yet another addition to explore and [...]
Here’s the mail from Silicon India inviting for their next event to be held in Mumbai. Those who are interested can contact the concerned person directly. ———————————- Hi, How are you doing? After the phenomenal success of two-editions of Siliconindia Startup City in Bangalore, wherein we had 150 Startups, 30 investors and 4000 attendees we [...]