Should you file an income tax return (ITR) even if your annual income is under the basic exemption limit? Financial experts believe the answer is a clear yes, not for tax liability, but for financial foresight. It helps build a formal financial footprint. A lost advantage if you don’t file [...]
A flurry of summons from the Income tax (I-T) investigation wing and the Enforcement Directorate (ED) over the past fortnight has come as a rude reminder to many that despite paying tax they may have a brush with the law. Thousands of recipients of such letters have been caught in [...]
Article in Hindu Business Line on Jan 26, 2015 TO BUY OR NOT TO BUY A HOME Some see it as a dependable investment opportunity, others have had the ground rocking beneath their feet. Conventional wisdom has it that property is a great investment that gives good returns. And even [...]
As I walk the floors of client companies I hear concerned employees stressing about their future. Most workers feel helpless, believing their professional destiny is in someone else’s hands. They think there is nothing they can do to protect themselves from being laid off. This may be true in some [...]
The recently enacted Companies Act 2013 has introduced us to a new form of business organization called “One Person Companies” (OPC). Though the concept is new to India, it is prevalent in other parts of the world. Here is an overview of One Person Companies Rationale: For any person who [...]