Ever heard of getting a refund on your taxes? A tax refund is the return of an excess amount that you have paid to the Government in the past year. In short, it means that you have paid more tax money than your actual liability. Instances of extra tax...
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Taxation is one of the most integral parts of any business. But paying tax does not always go hand in hand with your finance. For a small business, tax amounts can always be a little scary as you are paying it out of your business income! And let us...
Compliances form a very important part in any company incorporation. The Companies Act 2013 is an inclusive act of the Central Government which basically lays down all the rules about the establishment and functioning of any company operating in India. Without further ado, let’s have a look at some...
IT business and accounting are inter-dependent. While accounting uses technological tools and advancements to boost the whole process, IT business includes accounting to record, evaluate and interpret data. One reason why the IT industry is a common receptor of such problems is, it changes dynamically in even a short...