Mumbai — The Securities and Exchange Board of India (SEBI) has proposed new rules to make it easier for legal heirs to get securities passed on to them, without facing unnecessary tax troubles. At present, when the original holder of securities like shares or bonds dies, the nominee — the person officially named to receive…
Auditing is an essential activity to provide transparency, responsibility, and conformity in any organization. Two major forms of audits internal audit and external audit are important in evaluating and enhancing an organization’s financial and operational practices. Knowledge of the difference between internal and external audit, their purposes, and their significance ensures companies have corporate governance…
Compliance Audit Meaning Compliance audit refers to a formal examination that evaluates if an organization is conforming to external laws, internal policies, rules, or contractual requirements. The meaning of compliance audit is more about ensuring that everything and every process goes in line with the set standards of a specific industry or regulatory body. It…
Trademark E-Filing: A Step-by-Step Guide Using e-Filing Trademark Login & Application Process Trademark e-filing is a convenient and streamlined means of filing trademark registration applications online from the official Intellectual Property India portal. As digital procedures gained ground, trademark registration e-filing has emerged as the go-to option for businesses and entrepreneurs to register their brand…
Documents for GST Registration for Private Limited Company: Complete Guide GST registration for private limited company is mandatory once the turnover exceeds ₹40 lakh for goods or ₹20 lakh for services. To apply effectively , the company must submit the required documents for GST registration for private limited company on the GST portal. A valid…
GST Registration for E-Commerce Sellers: A Complete Guide Selling under e-commerce portals under GST is a regulated activity in India. Under the GST law, any person or business selling under e-commerce portal under GST is liable to register under GST, regardless of their turnover. This is distinct from the general threshold exemption, which applies for…
GST registration is mandatory for any company that is providing goods or services in India. For companies providing goods or services through online channels, e-commerce GST registration is compulsory, even if their turnover is less than the regular threshold limit. This is due to the special treatment accorded to e-commerce business under GST, as per…
E-file or electronic filing means filing your tax return income with the IRS or other tax agencies via the internet. It has transformed the means of handling taxes by individuals and enterprises. Instead of going through paper forms and slow postal delays, folks now have a liking for online filing of taxes for quicker, precise,…
Financial report analysis is the act of reviewing the financial statements of an enterprise, i.e., the balance sheet, income statement, and cash flow statement, to evaluate its performance, stability, and profitability. It does not matter if you are a student, a CFA candidate, or a business analyst; gaining proficiency in financial report analysis is an…
ITR filing is a serious financial obligation for all taxpayers in India. It is the process of sharing your income information with the Income Tax Department for a particular assessment year. For this fiscal year, ITR filing for AY 2025-26 (Assessment Year 2025-26) is now operational, and taxpayers are suggested to file early in order…