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CA Prasad Chartered Accountant

CA Prasad Chartered Accountant
CA Prasad is a practicing Chartered Accountant and partner in Bangalore -based CA Firm. For further information or query, please email it to [email protected]

Some thoughts

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Point 1: When an employee resigns from the company, he has to give minimum 30 days of notice (and in some roles, even more) and during this period he has to complete the pending tasks, do Knowledge Transfer (KT) and handover the charge. But for the so-called high-profile job ‘Governor ...

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Union Budget 2018 – a brief write up

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You would have got many mails or pdf documents covering the highlights of the Union Budget 2018. Hence, I chose to write only the important points here # 1 – Salaried employees – Currently, Rs.15000 per year towards medical reimbursements and Rs.1600 per month towards travelling allowance is available as ...

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TDS on rent of 50000 per month

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If you are an individual, taken a house / flat on a monthly rent of Rs.50000, you have to deduct tax (TDS) at the rate of 5% and pay it to the government. Are you aware of this TDS provision on Rent? If not, here you go- A new Section ...

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Happy Women’s day

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Good afternoon friends What is this – women’s day? One more borrowed concept from the west? Is it not a weird concept in Indian context? Let it be; I am not interested in such ‘time pass’ elite debates. On this occasion of women’s day; I don’t want to write on ...

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