All about Significant Beneficial Owners (SBO) rules, 2019 – BEN 1, BEN 2

By Agam Gupta July 10, 2019

Once all the individuals have reported in BEN 1 form, the company shall file a return in FORM BEN – 2 with the registrar within thirty days from the receipt of such declaration from the individuals.

How to claim home loan deduction in your ITR? – All about Section 80EEA of Income Tax

By Agam Gupta July 9, 2019

In order to make housing attractive and less costly, a new section 80EEA has been inserted to provide additional deduction of Rs.1.5lakh on interest paid subject to certain conditions.

6 Major decisions of the Budget 2019

By Agam Gupta July 7, 2019

Budget 2019 key decisions - pension to 3 crore retailers shopkeepers, ITR with Aadhar Card, Electric Vehicles Deduction, Angel Tax Saving, Startup Exemptions, Housing More affordable

10 Important Tax Proposals of Budget 2019

By Agam Gupta July 7, 2019

Tax Decisions of Budget 2019 Includes reduced tax rate for corporates to 25%, more tax on rich person, electric vehicle reduced pricing, e-assessment, tds 2%

Nidhi Amendment Rules 2019 - All About NDH-4 - Meaning, procedure and filings

By Agam Gupta July 2, 2019

Government of India has amended the original Nidhi rules 2014 by through Nidhi (amendment) rules 2019. With new rules, the government has also introduced a brand new compliance form, NDH 4 which is required to be filed by every Nidhi Company.

Options to Start Finance Business in India without RBI Approval

By Agam Gupta July 1, 2019

Registering a finance business is very costly and fulfilling requirement for RBI registration almost feels impossible. What if we tell you that we will help you in registering your business legally w/o RBI Approval.

No GST on supplies by outlets at International airports – Goods news for International Passengers

By Agam Gupta July 1, 2019

Government of India hereby exempting the supplies made by outlets at international airports to outgoing International passengers.

Pay Income tax on Cashbacks earned through Paytm or other Wallets and schemes

By Agam Gupta June 28, 2019

Whatever paybacks/cashbacks you have earned through online schemes, are all chargeable to income tax under section 56.

5 Important decisions taken in 35th GST council meeting

By Agam Gupta June 26, 2019

6% presumptive taxation scheme, single GST return, GST Annual return date extended, Extension to file form GST ITC – 04, e-invoicing system introduction