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Showing posts from October, 2021

5 Direct Taxes to acquaint yourself with as an Indian Entrepreneur

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  As long as you earn revenue or income, you have to pay taxes levied by the government. Taxes are categorized as two types – Direct Tax and Indirect Tax . Direct taxes are directly paid to the government by the taxpayer whereas Indirect taxes are imposed on products and services and are paid by the seller. Most CA firms in Bangalore would recommend you to become sure   about taxes as are applicable to your business so that you never get any tax evasion lawsuits.  In today’s blog, we will talk about 5 Direct Taxes you must acquaint yourself with as an entrepreneur in India. So, let’s move forward without any more explanation. Income Tax This is one of the most misunderstood and popular direct taxes in India. One of the interesting things about this particular tax is that it has to be paid by both individuals and companies. Since our blog is focused on entrepreneurs, we will highlight Income Tax apropos to that. Let’s take a look at the tax slab for business owners who are below 60 y

5 absolute CA services to opt-in for amplified business growth

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  Understanding tax is not an easy business as once you grasp the current tax regime, the government comes up with a new one much to your chagrin. Hence, Chartered Accountants or Certified Public Accountants are hired by several businesses belonging to different industries for sound tax and financial advice. A great number of  CA firms in Bangalore   provide varied services associated with accounting, bookkeeping, and taxation to their group of clients. In today’s blog, we will discuss 5 absolute CA services you must opt-in to boost your business level. The services discussed today are highly essential for any kind of business irrespective of size and region. So, let’s get started.  Accounting and Bookkeeping Services Accounting and Bookkeeping go hand in hand. While bookkeeping is the recording of financial transactions carried on a daily basis, accounting is the preparation of financial statements and reports. A Chartered Accountant is more experienced or proficient in the field of a