B E Kumar Prasad

B E Kumar Prasad
He is a Practicing Chartered Accountant in Bengaluru, India. He has 25+ years of experience in income tax, business setup, and NRI matters. He is also an Insolvency Professional and Registered Valuer (F&SA).Prasad welcomes your comments and questions. Please email him at [email protected]

Brands and their relevance in your ecosystem

Are you brand conscious? I am not a brand freak and thus, I am branded as a boring person! Yesterday, one of my long-term friends visited our home. While conversing he took me to a different world of Brands. It was fun indeed. He asked me to guess the price …

Read More »

Checklist for filing Income Tax Return

The taxpayers must be more attentive than ever before while filing their Income Tax Returns as the Tax department through 360-degree profiling is capturing most of your financial transactions.  But they are not keeping you in the dark. These details are made available for your review. It is wise to …

Read More »

Why Politicians don’t retire?

A 52-year-old politician calls himself a young; youth leader. A 75-year-old politician draws his career plan for the next 10 years. A 90 years old person is getting ready to contest the next general election which is 2 years away from now. None of the politicians retire, but they send …

Read More »

Free Shopping at home during this Summer Vacation

This summer my daughter did some homework. She took an inventory of all the major movable items like clothes, shoes, books, utensils, etc. According to her document, we have around 2200 items at home!!! While analyzing the list, we noticed that 30% (appx) of the items have not been used …

Read More »

Karnataka Budget 2022 Part II

In the previous article (read here https://simplifiedlaws.com/economy/karnataka-budget-2022/), we have seen that the Government of Karnataka is estimated to spend Rs.2,61,977 Crores, of which, Rs.1,89,977 Crores comes from Revenue sources and the balance of Rs.72,000 comes from loans/borrowings. On what does the Government spend the money? For our easy understanding, let us …

Read More »

Karnataka Budget 2022

Amidst bigger news like the Ukraine Russia war, election results of 5 states, new Covid variants, etc., Karnataka Budget could not find much space in the media and minds of people. As there were not many takers, it had a shelf life of less than 24 hours! Did you hear …

Read More »

What should investors do in a free fall market?

The war has begun. This shows that the human mindset has not changed over centuries. A street fight among humans should not be part of a civilized world. All the preaching has no place when people start fighting like wild animals. When these headlines grab our attention, we go back …

Read More »

Is crypto investment a missed opportunity in India?

A friend of mine was in low spirits for not investing in Bitcoin a year before. He continued “Had I invested, I would have made a lot of money” I asked him “Do have the same feeling of wasted opportunity by not doing Future & Options (F&O) trading? Betting on …

Read More »