Streamlining Company Incorporation with Chartered Accountant (CA) Services
Although establishing a business in India is an exciting adventure, the paperwork, legal requirements, and registration procedure can frequently seem daunting. A chartered accountant (CA) can be extremely helpful in this situation.
Let’s examine how certified public accountants (CAs) streamline company incorporation and assist you in establishing a solid legal and financial basis for your enterprise.
What Does India’s Share Dematerialization Mean?
The process of transferring paper share certificates into an electronic format and storing them in a Demat Account—short for “Dematerialized Account”—is known as dematerialization. An important step toward modernizing and safeguarding financial transactions in India’s capital markets is the implementation of this system.
Non-Deductibility of Settlement Expenses Under Section 37 of the Income-tax Act, 1961: CBDT Clarifies
The Central Board of Direct Taxes (CBDT) recently made it clear that settlement costs associated with legal violations under certain regulatory laws will not be permitted as business deductions under Section 37(1) of the Income-tax Act, 1961. This is a major step to combat tax evasion and strengthen corporate accountability.
Tax Saving Instruments under Section 80C
One of the most well-liked tax-saving provisions for Indian individuals and Hindu Undivided Families (HUFs) is Section 80C. If you invest or spend in certain ways, you can deduct up to ₹1.5 lakh annually from your taxable income.
TDS and TCS Explained for Beginners
Understanding the Basics of India’s Tax Deduction and Collection System
What Is TDS?