Salaried class have always complained of raw deal year after year in income tax laws. But the good news is you can still manage to pay Zero (NIL) income tax on salary of up to Rs 20 lakhs (Salary here means cost to company). All you need to have is right salary structure and invest […]

Government of India has launched the Series IX for FY 2019-20 of Sovereign Gold Bonds from February 3 to 7, 2020. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date:  February 3 […]

Bernard Ebbers built WorldCom into one of the world’s largest telecommunications companies, only to see it all end in bankruptcy and federal fraud charges. Stand Honda/AFP via Getty Images hide caption toggle caption Stand Honda/AFP via Getty Images Bernard Ebbers built WorldCom into one of the world’s largest telecommunications companies, only to see it all […]

For firms serving small businesses, success is largely defined by the ability to cut down unnecessary costs and allocate resources effectively. One of the easiest but often overlooked ways of doing so is through the automation of manual, tedious processes that clog up workloads and tie down resources. This is especially true when it comes […]

How to Save Income Tax – a question that is often asked by my friends, family and blog readers. The problem is there are multiple sections for people to know and if they have heard about it to check if its applicable to their case or not? To help both salaried and professionals to plan […]

Your income from salary, business or other income like income from fixed/recurring deposits etc are taxed as per income tax slabs. Budget 2020 presented on February 1, 2020 has made some changes in the tax slab. There would be two options: use existing tax slabs with all exemptions use new simplified tax structure but forgo all […]

Finance Minister in her Budget 2020 speech mentioned that she has made the income tax structure simple. Unfortunately, this is far from truth. What has happened is the budget has given one more option to calculate your taxes. More option means more complexity. We have come up with the income tax calculator incorporating both the […]

TLDR: The Quickbooks Pro Desktop Certification Bonus Bundle breaks down what every small business owner needs to know to use the heritage accounting system, all for only $24.99. Small businesses have to work lean, which often means employees wear several hats to keep business operations running smoothly. Most of those boutique outlets can’t afford to […]

The highlight of Budget 2020 speech was “new, simple and reduced income tax slabs”. It was very well received by the audience and people were exited that they would save a lot of money! But as usual the devil lies in the details. We went through the finance bill and as we read through it […]

Jose Garcia, senior vice president and chief financial officer, and John Gilson, vice president, controller and principal accounting officer, each tendered their resignations, the company announced Thursday. The company has appointed Mark Suchinski as senior vice president and chief financial officer and Damon Ward as interim controller and principal accounting officer, effective Jan. 29. The […]