Bookkeeping and Accounting, A Must for Your Business

Every growing company needs to have a dedicated bookkeeping and accounting team or service provider. The two practices are absolutely essential to maintaining businesses and organizing finances. For an untrained eye, bookkeeping and accounting may seem like the same thing, but here at BBNC, we can explain what their differences are and how important it […]

MCA Lays Down Mandatory Rules Which Will Come into Effect From 1st April 2022

MCA Lays Down Mandatory Use of Accounting Software Having an Audit Trail New rules to come into effect from the beginning of the new financial year i.e., from 1st April 2022. The ministry of corporate affairs (MCA) has published a circular on 1st April 2021, under companies (Accounts) Amendment rule 2021. According to this circular companies […]

5 Significant Changes in Income Tax Effecting from April 1, 2021

Union Finance Minister Nirmal Sitaraman during the presentation of Union Budget 2021 had announced few changes with respect to the Income Tax rules. These changes are set to come into effect from April 1st, 2021. These changes will affect the employees, business and provide some relief to the senior citizens. Let’s take a look at […]