50% tax and 4 year lock in period on cash under proposed new disclosure scheme

News & FAQs | By Editor | Nov 26, 2016

Amidst all the horde of demonetization speculations that are making rounds, a new disclosure scheme was being drawn up. This scheme is li...

Starting up a business in Bengaluru

Starting up a business looks a easy task but it is not so easy. There are lots of hurdles which an entrepreneur needs to overcome. In eve...

You may go to jail for 7 years for depositing black money in some one else’s account

Consequent to the move of banning old ₹500 and ₹1000 notes, the Income Tax department has detected over Rs 200 crore in undisclosed incom...

No bank account, No exchange of old notes – proposed move from RBI

News & FAQs | By Editor | Nov 19, 2016

  ATMs and banks continue to struggle meeting the ever increasing queue for exchange of old notes. RBI has been on constant loop about th...

Banks and POs to report Cash Deposits above 2.5 Lakhs to I-T department

News & FAQs | By Editor | Nov 18, 2016

A major announcement was made by our Prime Minister Narendra Modi on 8th of November to scrap the black money since then we can see a lar...

Limit for exchange of notes reduced to ₹ 2000 per day & 5 more updates

News & FAQs | By Editor | Nov 17, 2016

Can India sustain the demonetization blow? This has been the hot topic for  countrymen for some days now. The Govt has been coming up wit...

Critical for everyone to know your cash Balance as on 08.11.2016

News & FAQs | By Editor | Nov 16, 2016

Income department has started sending notice u/s 133(6) . The notice under this section enables the income tax authorities to compel Indi...

List of registrations to be done by a business and when?

In our previous article we have mentioned the list of necessary registrations which are required to start and operate your business in Ko...

How to Start your business in Kolkata?

Are you planning to start your business in Kolkata? If yes, and then for this you need to have a clear picture of some legal terms and so...

How will Rs 500 and Rs 1,000 note ban impact your business?

News & FAQs | By Editor | Nov 10, 2016

In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective Tuesday midnight. This was one ...

Rs. 500 and 1000 notes banned – here is all you need to know about

News & FAQs | By Editor | Nov 9, 2016

PM Narendra Modi on Tuesday announced scrapping of Rs 500 and Rs 1,000 notes. While there is no doubt that this decision might cause some...

Company Registration process fast tracked through SPICe forms

News & FAQs | By Editor | Nov 8, 2016

Company Incorporation in India witnesses another bold and big initiative in the form of SPICE. SPICE or Simplified Proforma for Incorpora...

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