posted on 22 November, 2016

What you need to know about demonetization's effect on economic sectors

The government's decision to withdraw notes of Rs. 500 and Rs. 1000 as legal tender currencies hit everyone hard, be it the corrupt or the common man. Even though the change is being hailed by many experts as the ultimate surgical strike against black money, many are arguing if the meth...

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posted on 24 October, 2016

What should you do if you receive an Income Tax Notice?

A notice from the Income Tax department can be stressful, especially because many of us do not understand what it entails or what needs to be done in response. To get a clearer understanding of the situation, we spoke to financial experts CA Rishabh Parakh, and he outlined a few steps that ...

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posted on 16 September, 2016

How to avoid receiving an Income Tax notice

In our previous article, we told you the circumstances under which you could get an IT notice. Read further as we tell you how to make sure you do not get an IT notice. The Income Tax department becoming net savvy and going online has made it easy it for them to identify discrepancies i...

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posted on 30 August, 2016

Why you could receive an Income Tax Notice

Any communication from the Income Tax department, be it a simple enquiry or an intimation or receiving a notice, can be unnerving. Recently, the Income Tax department issued 7 lakh letters to those who have entered into high value transactions without quoting PAN – transactions like c...

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posted on 14 August, 2016

Acknowledging Everyday Heroes on Independence Day

Our freedom from the colonial regime was an outcome of great sacrifices by our freedom fighters. Their efforts gave us sovereignty and unity in diversity. Today, we might not realise how important and valuable this freedom is - freedom from colonisation, and also freedom to live our lives t...

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posted on 10 August, 2016

The Impact of GST (Goods and Services Tax) in India

The Lok Sabha has finally Passed the Goods and Services Tax Bill and it is expected to have a significant impact on every industry and every consumer. Apart from filling the loopholes of the current system, it is also aimed at boosting the Indian economy. This will be done by simplifying an...

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posted on 22 July, 2016

Filing Income Tax returns - What you should know

Most taxpayers pay their taxes well before the end of the financial year i.e. 31st March. For salaried employees, it gets deducted through TDS and gets paid in regular instalments round the year. But when it comes to filing for Income Tax returns, many taxpayers tend to miss the deadline of...

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posted on 18 July, 2016

Bystander apathy and possible ways to overcome it – A conversation with experts

Bystander apathy is one of the biggest evils in our society. When we witness an accident, most of us choose to do nothing to make sure that the person receives immediate help. Statistics show that almost half the lives lost in road accidents could have been saved if bystanders had offered h...

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posted on 02 July, 2016

'Brexit' and it’s effects on the Indian economy.

Britain's exit from the European Union took the world by surprise. Experts describe this event as a ‘once in a lifetime’ which will haunt the economies across the globe for years to come. Like every other economy, our stock markets too suffered the effects of Brexit. Here, a...

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posted on 25 June, 2016

Understanding drug abuse in India : A conversation with experts

Drug abuse is is one of the most crippling issues in our society today, but unfortunately, we fail to pay much attention to it. While there are victims from a varied age group, youngsters fall easy prey to drugs and substance abuse. The society views an addict more as a criminal and less as...

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