Business

  I have written a couple of articles about Kingfisher defaults to bankers and income tax department. In continuation of Kingfisher saga, here is the update.   The Beginning It was started with Income Tax Department conducting a survey u/s 133A of I T Act, on the premises of Kingfisher …

  We have posted a series of QUIZ for the benefit of accountants. This one is about Taxation. Hope this helps.   [mtouchquiz id=15 startscreen=’off’ showanswers=’end’ multiplechances=’off’]

  It is not a typo error. There is no word called ‘complifying’ in the dictionary. I have combined two words complicating & simplifying into ‘complifying’. I am confused by the acts of Government. They speak a lot about simplifying the Acts by repealing or amending age-old Acts. But when …

  In the early 90s, I was conducting an audit of a retail shop at JC road. It was a firm owned by two partners. The partners never had separate cabins; both of them were sitting side by side using two medium sized tables. Many times I thought to myself, …

  I have posted several articles about property matters. This article is about practical issues faced by buyers/sellers. I have compiled seven issues here. Hope this helps.   Sale Value Vs Guidance Value – Normally, the sale value is more than the guidance value notified by the Government! If the …

  This is in continuation to my previous article ‘Buying property from open market Part A’. In this article, I have written about the steps to be followed for registration and post registration of the property. Hope this helps.   Step 3: Registration of the property:   Preparation of Sale …

  Buying property from the reputed builders and developers or from the Government authorities such as Bangalore Development Authority (BDA) or Karnataka Housing Board (KHB) is usually less painful! You will have some degree of comfort that the legal title of the property has been scrutinized by reputed advocates.   …

  During last week, one of the readers of our blog asked me to write about Employee Provident Fund (EPF) matters. This article is about the basics of EPF. Hope this helps understand EPF better.   Applicability – All establishments in which 20 or more persons are employed have to …

Introduction PPF refers to Public Provident Fund and is a Long Term investment Scheme of the Govt. of India on which regular interest is paid. Any Individual (whether Salaried or Self-Employed or any other category) can invest in this scheme and can earn a handsome tax-free return on the same which is usually higher …

  The Maternity Benefit Act, 1961 (“Maternity Benefit Act” or “Act”), is a legislation which provides for dignity of a woman employee during a very important transition into motherhood in her life, and also provides monetary help prior to and after delivery of a child, by allowing complete leave from …