by FinGurus | Oct 7, 2021 | Update
Given how the second pandemic wave has devastated the chain of operations across multiple industries, the Central Board of Direct Taxes (CBDT) has revised the deadline for ITR (Income Tax Returns) for 2021. Now that the due date for filing your returns is round the... 
by FinGurus | Sep 30, 2021 | Update
Lending money is a risky affair! When you lend your money to someone, you have three situations: either receive the money in full, receive only half or none at all. While we might slate them as ‘loss’ or ‘bad debt,’ banks use a different term. Banks refer to such... 
by FinGurus | Sep 20, 2021 | Update
Running an organization isn’t easy! You should always understand the risks and rewards it comes along with. Especially when you’re the owner of a joint-venture or partnership firm, you need to be prepared with every plan of action, even when it’s time to shut down... 
by FinGurus | Sep 9, 2021 | Update
Equity shares are one of the primary holdings present in any holder’s portfolio. Signifying a capital gain or loss at the time of its sale, such stocks play a crucial role in adding positive factors for taxation functions. Similarly, investing your capital over... 
by FinGurus | Aug 31, 2021 | Update
GSTR-3B Under GST | A Comprehensive Guide In the 43rd GST Council Meeting held on 28th May 2021, the government has relaxed its norms regarding the late fee for delayed filing of the GSTR-3B. GST Amnesty Scheme was introduced for all the small taxpayers who have their... 
by FinGurus | Aug 27, 2021 | Update
Tax is a compulsory fee levied by governments on eligible individuals or entities to gather revenue for public works. The money collected in the form of taxes is used by the government to fund different public expenditure programs and to run the country judiciously. ... 
by FinGurus | Aug 12, 2021 | Update
Many of us have heard the story of various employees of Infosys becoming millionaires. And, undoubtedly, many have not believed them since this seemed too real to be true! Nevertheless, this is true! But how did this happen? Well, this was possible owing to a tool... 
by FinGurus | Aug 5, 2021 | Update
The Covid-19 pandemic has been an event like never before! The uncertainty around the current situation has left behind a trail of helplessness and trauma in our lives and businesses. The sudden outbreak of the pandemic has affected operations of every level at... 
by FinGurus | Jul 30, 2021 | Update
In Budget 2021, a new mandate regarding the TDS/ TCS rules was introduced by the government. This new mandate specified that a person who has not filed ITR (Income Tax Return) for the past two fiscal years will be subject to higher/ double TDS rates from July 1st,... 
by FinGurus | Jul 21, 2021 | Update
The key success of your business lies in seizing the right opportunity and at the right time. However, you cannot simply seize the right opportunity if you are not prepared with the right tools at hand. Whether you’re calculating your move to utilize an upcoming...