by FinGurus | Oct 14, 2020 | Update
From the time GST or Goods and Service Tax was introduced in July 2017 by replacing VAT and service tax, it has in some way or the other impacted every arena of the economy, be it small or mid-sized businesses. All Indians have been affected by the GST laws, directly... 
by FinGurus | Oct 8, 2020 | Update
Are you aware that any profit you make by selling a capital asset is referred to as ‘capital gain’ and is taxable as per the Income Tax Act? The gains or profit that takes place with the sale of the capital asset comes under the category of income, and therefore, one... 
by FinGurus | Sep 30, 2020 | Update
As the tax filing season approaches, we tend to search for ways to save a good amount of money. People often visit legal advisors and tax experts to know more about specific government policies and schemes that have been fabricated to help the citizens save on taxes.... 
by FinGurus | Sep 23, 2020 | Update
Be it small businesses or professional freelancers; it becomes exceptionally daunting always to manage different projects and maintain balance sheets or financial records as soon as the tax filing season approaches. But, you have to pay the taxes on time to become a... 
by FinGurus | Sep 17, 2020 | Update
Introduction: You must have heard stories about employees becoming millionaires while working with a specific company? If yes, then its time for you to realise that they are not stories. These have happened and continue to happen with the help of a plan known as the... 
by FinGurus | Sep 9, 2020 | Update
In the world of personal finance, taxation is an important aspect. Whether you’re a resident Indian or NRI, taxing is a compulsory and essential part of working with money. The rules vary for NRIs, and with the new criteria announced by the Finance Ministry, here’s... 
by FinGurus | Sep 1, 2020 | Update
One of the best decisions you make from a financial perspective is when you decide to invest your money for long-term gains. However, not many people are aware that if you play it right, you could also benefit from various short-term investment plans where durations... by FinGurus | Aug 25, 2020 | Update
The Government brought in a change to the GST registration for companies and individuals. As per their notification, anyone who wants to register under the GST must also opt for Aadhar Authentication. The submission date for the application is the same as the Aadhar... by FinGurus | Aug 18, 2020 | Update
The Prime Minister of India, Narendra Modi, provided taxpayers a reprieve. The Government of India (GOI) introduced a new system for people who pay taxes honestly, by allowing them to be assessed faceless. GOI also introduced the Taxpayer Charter implementation, which... by FinGurus | Aug 11, 2020 | Update
The Indian Government, with a hope to create up to five crore jobs in the MSME or Micro, Small and Medium Enterprise sector, revised the definition. Now, the turnover of a company defines its MSME status and not the investment being put into it. The move comes as part...