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Every businessman needs to understand the value of their business. Whether they are planning to sell, raise funds or want to assess the financial health of their company, business valuation plays a key role. Working with professional business valuation services can help business owners determine an accurate and reliable value for their business. What is […]
A recent ruling by the Income Tax Appellate Tribunal (ITAT) in India involving Bollywood actor Shah Rukh Khan has shed light on a significant aspect of Indian tax law—the taxation of income from overseas properties. The ITAT held that notional rental income from Khan’s luxury villa in Dubai is taxable in India. The decision provides[…..]
If you are one of those startups chasing growth, you need financial clarity from day one. Here comes the role of the best virtual CFO services for startups in India. Launching a startup is full of innovation and ambition. But as a founder you will have to focus on many core areas including product development,[…..]
For any startup, compliance, streamlined operations and efficient cost management are important. While innovation and growth are the main focus of the startups, managing daily accounting, taxation and financial compliance is challenging for many owners. Here is why outsourcing accounting services to a reputed firm in India is a game-changer. Introduction to the Indian Accounting[…..]
In the past few years, India has seen a huge surge in the number of startup registrations. Many startups in India are not registered, however, Startup India Registration helps the startup owners to raise funds for their businesses and enjoy legal liberties. The introduction of the Startup Initiative by the government of India has made[…..]
Fundraising is an important part of scaling a business, supporting non-profits, or growing startups in India. However, navigating fundraising compliances in India can be challenging and make entities make mistakes leading to legal troubles, fines, and even fundraising failures. Understanding the common compliance mistakes helps businesses to conduct smooth and legally sound fundraising activities. Not[…..]
In an evolving business scenario, financial efficiency is a necessity. Businesses both small and big are seeking ways to streamline their operations, minimizing costs while maintaining high productivity levels. One effective strategy that has become part and parcel of every business entity is outsourcing budgeting and management information system (MIS) reporting. What is Budgeting? Budgeting[…..]
CFO or the Chief Financial Officer in India is a senior executive responsible for managing the financial strategies of the company. The CFOs ensure regulatory compliance, oversee the budget, driving growth. The certified and professional CFO helps businesses in making decisions, managing risk, long-term financial planning and guiding them on investments. CFO is an important[…..]
In today’s fast-paced business environment, companies across India are increasingly seeking innovative solutions to manage their financial operations. One such solution gaining traction is the concept of Fractional CFO services. This model allows businesses to access high-level financial expertise without the commitment of hiring a full-time Chief Financial Officer (CFO). Here’s an in-depth look at[…..]
The Companies Act, 2013, serves as the primary legislation governing corporate entities in India. It outlines various responsibilities and obligations for directors of companies, as well as implications for breaches of these duties. The act is designed to promote transparency, accountability, and good governance. Failure to adhere to these regulations can lead to several penalties[…..]