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We are a team of experienced professionals providing services such as Financial Consulting, Tax Advisory, Audits, Incorporation Services, Accounting and Book Keeping Services & Management Consulting.

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File Income Tax Return For Guide to Financial Wellness

Posted by Admin | 27 - May - 2024

Filing income tax returns is a cornerstone of financial responsibility for individuals and businesses alike. It's not just about fulfilling a legal obligation but also about managing finances smartly and ensuring compliance with the tax laws of the land.

Digital Signature Certificate

Posted by Admin | 25 - May - 2024

The Information Technology Act, 2000 has provisions for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically.

Understanding GST Output Tax and Input Tax

Posted by Admin | 20 - May - 2024

Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. It is crucial to understand the concepts of output tax and input tax to navigate GST effectively. Here, we break down these two components.

TCS on Foreign Remittance

Posted by Admin | 21 - June - 2023

The Government of India has raised the Tax Collected at Source (TCS) effective July 1, 2023 rate on foreign remittances under the Liberalised Remittance Scheme (LRS) from 5 percent to 20 percent exceeding an amount of Rs. 7,00,000 (Rupees Seven lakhs) in a financial year.

Economic Substance Regulations (ESR)

Posted by Admin | 20 - June - 2023

The UAE introduced Economic Substance Regulations in 2019 which was amended by Cabinet of Ministers Resolution No 57 of 2020 concerning Economic Substance Regulations in August 2020.

An Analysis of UAE Corporate Tax Regime

Posted by Admin | 19 - June - 2023

The Corporate Tax Law taxes income on both a residence and source basis. The applicable basis of taxation depends on the classification of the Taxable Person. For instance a Resident Person will be taxed on income derived from both domestic and foreign sources and a Non-Resident Person will be taxed only on income derived from sources within the UAE.

Corporate Tax in United Arab Emirates

Posted by Admin | 20 - May - 2023

United Arab Emirates is one the few nations to follow zero-income tax policy. It is the first time in the history of UAE that a direct tax has been introduced on company profits. The United Arab Emirates is majorly a business zone and there are huge possibilities of investment and economic growth.

Impact of CEPA to business sectors across UAE and India

Posted by Admin | 12 - May - 2023

The impact of CEPA on business development is expected to be positive, creating a conducive environment for trade, investment, and collaboration between the UAE and India. It offers opportunities for market expansion, cost savings, increased competitiveness, and access to new sectors, stimulating business growth and economic development.

India-UAE Comprehensive Economic Partnership Agreement

Posted by Admin | 11 - May - 2023

India’s trade relationship with UAE dates back to about 5000 years. The very strategic location of UAE has brought India closer with respect to trade and commerce. Indian merchants from the Indus Valley brought timber, spices and grain, while merchants in modern-day Sharjah and Ras Al Khaimah in the UAE traded copper, pottery and beadwork. It's no wonder that these two countries reflect each other's food, fabric, architecture and culture over the course of thousands of years.

India Budget 2023

Posted by Admin | 01 - February - 2023

New income tax slabs announced; No tax on income up to Rs 7 lakh under new tax regime