A $1.6 billion copyright infringement case brought Spotify into the public eye for all the wrong reasons. An organization named Wixen that publishes music brought the case against Spotify. In the case, Wixen claimed that Spotify had violated copyright by granting access to illegal music to its 60 million customers. Therefore, the authors and publishers […]
COMMON MYTHS ABOUT BOOKKEEPING
What is Bookkeeping? A system of tracking an organization’s financial transactions is called bookkeeping. It is beneficial to maintain a record of all financial activities, including sales and purchases, cash receipts and payments, and so on. In order to examine these actions and make the required modifications at any moment, bookkeeping also entails keeping records […]
10 ADVANTAGES OF JOINT VENTURE
A joint venture is a business venture involving two or more organizations that join forces to pool their resources and create a competitive advantage. Companies frequently work together in a joint venture to complete particular objectives. The joint venture may be established to carry out a proposal with same goods or services, or it may […]
TAX PLANNING IN INDIA
What is Tax Planning? Tax planning is the review of one’s financial status from the perspective of tax efficiency in order to arrange one’s finances in the most effective way possible. With the use of tax planning, a taxpayer may reduce their overall tax bill for a given fiscal year by taking full advantage of […]
Every Business Should Have These Basic Legal Documentation
Legal documents are essential for defending the rights of the corporation and its owners during its existence. It doesn’t have to be difficult to handle your legal problems. It is frequently preferable to start protecting your business now than wait until it is too late. A variety of crucial legal documents are required for a […]
ALTERNATIVE ACCOUNTING SOFTWARE FOR QUICKBOOKS
There is an abundance of excellent accounting software accessible for businesses to choose from. Being a business owner, you could find it challenging to select one among the numerous available options. Well, don’t worry. We’re here to support you in choosing what’s best for you and your company. Since Quickbooks products and service offerings for […]
TOP 10 PLACES TO INCORPORATE YOUR INDIAN STARTUP
Beginning a business is not easy. Everything needs to be well planned from beginning to end. Starting a business is similar to going through a minefield; one false move may reduce all to ashes. The choice of where to establish base camp is one of the most crucial decisions we make when planning to launch […]
Incorporation of a Foreign Subsidiary Company in India
What is a foreign subsidiary company? Any corporation where a company formed in another foreign country owns 50% or more of its equity shares is said to have a foreign subsidiary. In this situation, the named foreign corporation is also referred to as the holding company or parent company. A corporation must be formed in […]
INCOME TAX SLAB FOR FY 2022-23
What is income tax slab? Individual taxpayers will be required to pay income tax according to the applicable slab structure. A person may be assigned to a different tax bracket depending on their income. Consequently, people with greater incomes will be required to pay more tax. The introduction of the slab system aimed to keep […]
How to Pay Your Advance Tax: A Step-by-Step Guide
Those with sources of income besides their salaries are obligated to pay advance tax. Advance tax can be paid by those who make money via renting out their property, selling their shares, making fixed deposits, winning the lottery, etc. The “Pay as you Earn” plan, often known as advance tax, can be paid through specific […]
