by A. Subramani | Jul 20, 2023 | Accounts
Highlights of Section 44(AD), Presumptive Tax: Taxable limits for Section 44(AD) for FY 2023-24, 2024-25 is 3 Crores. A new condition has been introduced wherein a minimum of 5 years to be continued for Presumptive Tax benefits under Section 44(AD). If in the...
by A. Subramani | Jul 6, 2023 | Accounts
The redefined role of MSME classification aims to boost business and entrepreneurship, recognizing them as the backbone of the economy. It is designed to promote entrepreneurship and self-employment in India. Here are the key features:...
by A. Subramani | Jun 16, 2023 | Accounts
Micro, Small, and Medium Enterprises (MSMEs) play a vital role in the growth and development of economies worldwide. In India, MSMEs are considered the backbone of the economy, contributing significantly to employment generation and industrial production. To promote...
by A. Subramani | Feb 2, 2023 | Accounts
Budgets have come and budgets have gone. Ruling party is happy, opposition party is not. We need an FM who can balance. The experts have given this budget more than 7 out of 10, which is really good. The FM has done a balancing act by...
by A. Subramani | Jan 30, 2023 | Accounts
BUDGET ASPIRATIONS is always from a Country Citizens, Business, Additional tax Source is what your FM looks in As part of our yearly Budget wish list to the FM, Total Solutions would like to first and foremost suggest Additional Tax Source from avenues that have not...
by A. Subramani | Feb 26, 2022 | Accounts
Liaison Office: As per FEMA rules, liaison office means a business to act as a channel of communication between the principal place of business or a head office and entities in India. Foreign companies can open a liaison office in India Foreign Branch...
