This post is also available in: Español (Spanish) Contxto – Bookkeepers at Brazilian fintech, Nucont, will be adding R$4.5 million (about US$1.1 million) onto the startup’s balance sheet. This of course is the result of Nucont raising its first investment in a round led by Cedro Capital. Joining this venture capital (VC) firm were FC […]
9 Tips to Buy the Right Life Insurance
Death of the main bread winner of the family can be emotionally and financially traumatic for the dependents. If you have the right life insurance the financial part can be taken care to an extent. Here are 9 things you should think through before you buy the right life insurance. 1 How much life insurance you […]
An accountant’s guide to navigating mistakes in the new year – Accounting Today
It’s no surprise that accounting professionals tend to be exacting about their work. Balancing the books leaves no room for error, and accuracy is an essential component in a firm’s value. It’s also no surprise that people who spend their careers getting things just right apply that same logic to themselves. To put it another […]
5 Key changes in Income Tax Rules from April 1, 2019 that you must Know
Finance Minister Piyush Goyal has proposed many changes in tax rules in Budget 2019. We present you 5 key changes that would impact all income tax payers. Increased Tax Rebate u/s 87A: While making the budget speech, Finance Minister said that people with taxable income of Rs 5 lakh would get full tax rebate. Many […]
5 blockchain trends to watch in 2020 – Accounting Today
As 2019 rapidly wraps up and 2020 looms on the horizon, it seems an appropriate time to take a step back and reflect on the many changes that have occurred in the blockchain and cryptoasset spaces. There certainly have been a lot of headlines and market coverage during the year, so trying to go back […]
What In the World Is Economic Nexus, and Does it Impact Your Business?
As a business owner, you have likely heard of the term sales tax before. Heck, you might have even heard about sales tax nexus before. But, have you heard of economic nexus? If you have in-person or online sales, it’s time to listen up and learn about economic nexus. Read on to learn what is […]
11 Tax Free Components You Must have in Salary
Your salary consists of lot of components, some of them are fully taxable, and some are partially taxable while remaining is tax free and hence Salary structure become very important. Here is a list of 11 components in your salary that is tax free. In case you have it in your pay slip, great – […]
Section 87A – Most important change for Income Tax Payers in Budget 2019
Section 87A was introduced in Budget 2013 and it provides marginal relief to small tax payers. In this post we provide details about the eligibility, the benefits and how it has changed since it was first introduced. Section 87A Eligibility: The tax rebate under section 87A is only available to resident individuals with net taxable […]
Voluntary Provident Fund – A Good Tax Saving Retirement Option!
Retirement planning is one of the most important financial goals in life of a person. Most of us have heard about Employee Provident Fund (EPF) and (Public Provident Fund) PPF for building retirement corpus but do you know how can you leverage Voluntary Provident Fund (VPF) to add zing to your corpus? What is Voluntary […]
AICPA proposes updates to material tested on CPA Exam
The AICPA is proposing changes to the CPA Exam Blueprints to update the subject matter tested on the CPA Exam to ensure it continues to focus on the core knowledge and skills required of newly licensed CPAs. In an Exposure Draft and Invitation to Comment issued Monday, the AICPA describes major themes derived from a […]