October 21, 2017
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Here we provide all the exxclusive finance related news and updates regularly for our beloved readers.

Outsourced Accounting Services and its Significance

Outsourced Accounting Services

When working in a competitive environment, bookkeeping and accounting services are very important for SMEs, because they have a twofold advantage. Firstly, financial matters and always updated and in control, and secondly, every financial decision can be taken at the most beneficial moment. Since managing financial matters all the time can become very tiresome, SMEs outsource it to professional acct …

How To Link Aadhar Card With Bank Account?

Ever since Aadhar enrolment is initiated all over India, majority of services are being linked with Aadhar card number only. The only motive behind introducing Aadhar unique identity code for everyone is to create a uniform system of identity verification throughout the country. It has faced many issues and allegations since the project is launched, but at the end of …

GOI to introduce new 200 Rupee bills

Indian monetary system has begun the final phase of its re-monetization as RBI begins to print 200 Rupee bills to help ease consumer transactions. Sources told ET that the Reserve Bank of India placed an order with a government-owned facility a few weeks ago where the bills of the denomination are being printed. RBI has not yet confirmed anything on …

GST: Muted income for companies for Q1

Growth and Service Tax (GST) will come into effect from July 1 and companies are already feeling the heat of lower earnings in the first quarter of this Financial Year. Customers wish to avail the tax benefits from the next quarter and companies are taking a hit on their inventory which would sell without the tax benefit of ‘One Nation …

GST regime won’t includes Health & Education

The final roll-out of the Goods and Service tax is scheduled on July 1st and before that the Goods & Services Tax Council in a meeting on Friday in Srinagar chalked out the rules and tax rates for commodities and services. For goods like Gold, Textile, precious metals and footwear will be decided in the council’s meeting on June 3rd. …

Tax Saving Tips for Salaried People, Check to Avail the Benefits in All Plausible Ways

tax-saving-tips-for-salaried-person

The General Budget introduced a few days ago comes as a boon for farmers, financially weaker section, women and children belonging to rural areas, etc. However, the education sector receiving a budget in the second term, the levy of taxes reducing from 10% to 5% over 2.5 lakhs to 5 lakhs salary slab gives million of salaried people hope to save a …

Budget 2017: Here Are 10 Tax Saving Tips For You To Beat The Taxman!

Tax-Planning

Post the union budget, the one question on everyone’s minds is how an average salaried Indian will save taxes and maximize his or her income. We covered the budget yesterday in real time here and we also welcomed the tax breaks given to the average salaried Indian. Despite the tax breaks, however, the prevailing high rates of inflation demands that maximum …

HDFC Raises 3000 Crore INR Amid RBI Permission Via Masala Bonds

HDFC-to-raise-3000-crore-via-masala-bond-in-first-ever-act

The Housing Development Finance Corporation Bank finally took a breath of relief when Reserve Bank of India gave permission to raise as much as Rs. 3000 crores through the help of masala bonds. Such bonds are ways to raise capital in overseas but in Indian denomination rather than in local currency. Although the bank had already exceeded the limit of …

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