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 simplifiedlaws20@gmail.com

Road Transport and Safety Act 2014

It was in the early days of the Modi government (Aug 2014) that the Union Minister of Road Transport Mr. Natin Gadkari made a sensational statement “RTOs will be scrapped soon” Do you remember this?  Yes. After he made the statement, nothing has changed except that a piece of draft …

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VIP culture at Wagah Border Parade

If you happened to be at Amritsar, the holiday makers will list out three places to visit namely, Golden temple, JallianwalaBagh and Wagah Border. This article is about the VIP culture at the daily Parade at Wagah Border.   Indo-Pak Border – Attari, 32 Kms from Amritsar is the last …

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Direct Benefit Transfer (DBT)

Direct Benefit Transfer (DBT) was the program launched by the Government of India in 2013, during the Congress led UPA government’s regime. This program aims to transfer subsidies directly to the people through their bank accounts. Read this article to know more about the scheme and its benefits.   It …

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What is Net neutrality? |Stuff one should know

The issue of net neutrality is raised by Mr. Rahul Gandhi in the Parliament. Maybe, after he spoke, many of us have tried understanding the funda of net neutrality!I am trying to put forth this issue in simple words. In case I have missed any points, please add them in …

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The appeal procedure under Income Tax Act

In general parlance, ‘appeal’ means ‘making a request’ and in legal parlance, it means ‘apply to a higher court for a reversal of the decision of a lower court’. In this article I have covered the levels of appeal under Income Tax Act. Hope this helps.   In India, the …

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