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🧾 TDS, Advance Tax & Refund — Simple Summary TDS (Tax Deducted at Source) is tax cut before you receive your income (like salary, interest, freelance payments). It’s paid to the government by the one who pays you. Advance Tax is tax you must pay i

How to Calculate Employee Cost to Company (CTC) & Understand In-Hand Salary. 🤔 1️⃣ Cost to Company (CTC): CTC represents the total amount a company spends on an employee annually. It includes: + Basic Salary + Dearness Allowance (DA) + House Rent

🚀 Filing Your Income Tax Return on Time = More Benefits! ✅ Did you know timely ITR filing helps with: 💰 Hassle-free loan processing 💸 Refund of TDS 🛂 Visa approvals 📉 Carrying forward losses ⚠️ Avoiding penalties & extra interest Don’t wait un

Here are 10 important accounting tasks to complete before 31-03-2025 to ensure a smooth financial year-end closing and compliance: ✅ 1. Reconcile All Bank Accounts Ensure that bank statements match the books of accounts. Resolve any discrepancies b

Income Tax Return Filing When tax liability rises due to the receipt of arrears or additional payments, it typically happens because these amounts are added to the individual’s total income for the current financial year. This increase in incom

Key Things To do Before 31st March 2024 1 Invest in Tax Saving options Those who have opted for old tax regime must invest in tax saving options like ELSS MFs, Tax saver FDs, Life Insuarnace, PPF etc to claim deductions u/s 80C of the income ta

📌 Why Tax Planning is Crucial: A Real-Life Client Insight Tax planning is not just about saving taxes—it’s about avoiding penalties, improving cash flow, and gaining financial clarity. Here’s a recent case we handled that shows why timely tax planni

Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs. Entry level Salary in 2022: around 3-3.5Lakhs. Inflation every year is around 6-7%. Yet FD is where 58% of Indians have invested. FD is safe FD ensure liquidity FD return doe

Free Consultation From your CA Friend for your Startups. 🌸 Holi Special Offer from Your Trusted CA! 🌸 This Holi, let’s clear not just the colors but also your compliance worries! 🎨✨ I am offering a FREE Business Compliance Consultation until Su

🧾 The Curious Case of Unused Billions in India In June 2024, SEBI ordered Jane Street to return ₹4,843 crore earned via alleged Nifty expiry manipulation. But even if recovered, the money won’t go to investors—it’ll sit in SEBI’s Investor Protection