Simplified Laws Guide to Taxation and Legal Concern

Filing income tax return is fairly a simple topic to write. The topic becomes complicated when we discuss about the due date for filing the return, basic exemption limit, whether a  non-resident has to file the return etc. Let me try to make the topic as simple as possible. If …

Last week I happened to meet a budding entrepreneur. During casual conversation, I asked him about his proposed business. He said “We are in the QSR industry and want to establish Hub and Spoke model with a lean team at the Point of Sale”. Please count the number of jargons …

For your company, you will have Finance & Accounts (F&A) department. For Government of India (GOI), who will look after the accounts? Controller General of Accounts maintains the accounts of the GOI. It is headed by a Chief Controller of Accounts (CCA). The Principal Accounts Officers (PAO) at head office …