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

General Elections | Candidates

Thought for the day  Expecting too much is one way of hurting yourself Professional Etiquette+ If you receive a text message that was sent to you by mistake, reply explaining that you aren’t the intended recipient. You don’t have to respond to anything else in the message. Plus Point General …

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Laws in India | UIDAI Act | Aadhaar Card

Thought for the day  Treat everyone with politeness, even those who are rude to you – not because they are nice, but because you are. (I know it is difficult to follow; but let’s try as much as we can) Vitamin K  Laws in India | UIDAI Act | Aadhaar …

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Laws in India | Labour Laws | Child Labour

Thought for the day  Thinking too much (what if type of questions) can only cause problems; stay cool (as much as you can!) Vitamin K  Laws in India | Labour Laws | Child Labour India has very rigid labour laws. Over 50 national and many more state level laws there …

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Laws in India | General

Thought for the day  No matter how good a person you are, there will always be someone criticizing you Vitamin K Laws in India | General  I understand that there are over  1500 Laws in India !! Broadly Indian Laws can be classified under – •           Constitutional and administrative Laws …

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Undercurrent !!!

Thought for the day  Some people are so poor, all they have is money Vitamin K  Income Tax | New Section 87A As per this Section, those assessees who have taxable Income (after deduction u/s 80C, 80D, etc) not exceeding Rs.5,00,000/-; are eligible for a rebate of Rs.2000/- from their …

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Avoid carrying cash

Thought for the day  Let’s treat our parents with loving care. We will only know their value, when we see their empty chairs Vitamin K  Carrying Cash Beware! Carrying cash (say, over Rs.50,000/-) during election time, up to the date of polling is not advisable. If you have to carry …

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