An audit grant is usually carried out partway or towards the end of grant period, done to ensure that the grant funds are being as you and the funding body agreed they would be. It involves an auditor checking records including: 1) Allowable cost and legitimacy of an expense purchased with grant money. 2) Cash …
Accounting services are essential to both small and large businesses. The services help to keep businesses on track regarding various payments, financial development, bookkeeping, and business expenses. Professionals provide advice to small starting businesses on the right investment and best structure for their business to ensure financial stability. It’s thus crucial for a business owner …
Nothing is too low for a bear A bear doesn’t probably like to chase and hunt their prey. they’re keen on any kinds of flesh and simply pick you once you are asleep. Bears are often predators albeit they don’t have many enemies. Although most don’t , under normal circumstances, hunt and prey on humans. …
We all know that the whole world including, India, is being adversely impacted by the Coronavirus pandemic and is fighting hard to save lots of humanity. The medical warriors and frontline workers are leaving no stone unturned in treating covid patients and inventing vaccines. To defeat this virus, we’d like an adequate supply of medical goods like santizers, masks, drugs, healthcare facilities, and …
Business Valuation Services is usually carried out by a Registered Valuers in India , in line with Income Tax Act, 1961 and Company Act 2013 . For companies which are resident in India, the valuation of securities have to comply with the rule of arm’s length in the Foreign Exchange Management Act (FEMA) and as …
You would have heard this sentence probably 1000 times before and yes, you have heard it right. Like every other investment, mutual fund investments are subject to risks. This is because there is no way to predict what will happen in the future; whether given asset class will increase or decrease in value. This is …
Dear Clients, On 4th May 2021, our team suffered a terrible and an irreparable loss, Mr. Neeraj Bhagat- Managing Partner, PK Chopra & Co. passed away. He was the pillar of the organization and he shall always remain alive in our hearts. We understand this message may be difficult to process, however, courage is the most important of …
1. Reduce Tax Leakage and Fraud Tax leakage and frauds using fake invoices have been an issue that the government is trying to fight even before the GST era. E-invoicing in India is proposed to put an end to this by mandating authorization of every invoice from the government portal. Real time invoice reporting discourages …
India has asked non-resident citizens stranded in the country due to Covid-19 travel restrictions to submit relevant information if they faced double taxation. India’s Central Board of Direct Taxes (CBDT) said it received various requests for “relaxation in determination of residential status for year April 2020 to March 2021” from NRIs or non-resident indians, who …
A Foreign National need not be a resident to start a business in India, and there are several ways to set up a new business in India as: Limited Company A company in India can be incorporated by a Non-Resident Indian as a Private Limited, a Public Limited or a Wholly Owned Subsidiary (WOS) under …