by A. Subramani | Oct 1, 2021 | Accounts
The salaried class has a lot to gripe about. They always feel that they get the short end of the stick as far as income tax goes. The bigger fish always go scot-free. Salaried are those who are always caught and punished without much exemption. As a tax...
by A. Subramani | Oct 1, 2021 | Accounts
The business/service class feels that keeping books of accounts and other records can be a burden on them. They aver that they will be penalized for lapses that happen unknowingly as they lack expertise in understanding the various sections, meaning and...
by A. Subramani | Aug 16, 2021 | Accounts
The issue was ESI applicability on conveyance. The ESI claimed contribution on conveyance. Further to that, ESIC court set aside the claim of ESI on insurance. Aggrieved by the order, ESI approached high court. However, the said appeal has been dismissed by the...
by A. Subramani | Jun 30, 2021 | Accounts, COVID RELIEF
A new round of economic stimulus was announced on June 28, 2021, by Honorable Finance Minister Ms. Nirmala Sitharaman Package worth Rs. 6.29 lakh crores were announced for relief of struggling MSMEs affected by the catastrophic second wave of Covid-19 pandemic. As you...
by A. Subramani | Jun 11, 2021 | FOREIGN LIAISON OFFICE
Next in the series is the business entity, foreign liaison office. Foreign companies can open their liaison office in India, but they are not permitted to perform commercial operations like sales or purchase. They can only liaison on behalf of a foreign...
