Indian Tax Firm

GST Applicability on Rent

1. GST Applicability on Rent (a) Residential Property (b) Commercial Property 2. Reverse Charge Mechanism (RCM) 3. GST Registration for Landlords 4. Input Tax Credit (ITC) 5. Tax Invoice Requirements Landlords who are GST-registered must issue a valid GST-compliant tax invoice to tenants, which should include: 6. Threshold Limits for GST Applicability 7.How to calculate […]

Features of expense management software

Basics of budgeting, saving, and managing expenses. Importance of financial goals and how to set them. Managing Debt Effectively: Strategies for paying off debt (credit cards, loans, etc.). Consolidation options and considerations. Investing for Beginners: Introduction to different investment options (stocks, bonds, mutual funds, ETFs). Understanding risk tolerance and investment timelines. Retirement Planning: Importance of […]

Employee expense reimbursement law: Everything you need to know

Corporate finance is a multifaceted domain, and employee expense reimbursement is an essential component of it. This practice ensures employees are compensated for expenses during business travel. While companies usually offer reimbursement to all employees, specific laws governing this practice vary from jurisdiction to jurisdiction.  This article comprehensively examines employee expense reimbursement law. It will […]

How to manage travel expenses in an organization?

How to manage travel expense in an organization? This is a question that most finance professionals face.  Imagine a scenario where your company sends the sales team nationwide to pitch your latest product to potential clients. There would be a lot of excitement in anticipation of them sealing deals and forging new partnerships. However, amidst […]