World of Startups By CA Nikhil Khurana

19/01/2022

Investing is important due to the nature of inflation. The cash that you have today might not be worth as much in a year—and it will be worth much less in 30 years. If you don't have an investment strategy that can at least beat the rate of inflation, then you're simply throwing money away. Consult your Financial Advisor for better investment plan.

19/01/2022

"Providing value addition to the client is the real differentiation and is the best monopolistic strategy.

18/01/2022

Are you taking advice of your financial expert before investing?

If No, you might find yourself in this situation:

In December, 2021 retail inflation rate was approximately 5.6%, which means any good which you can buy of Rs. 100/- in December, 2020, you are spending 105.60/- in December, 2021.

And if your investment was in Fixed Deposit/Post Office during that period, you can compare how much you loose your capital: Investment of Rs. 100/- in December, 2020, you might have earned interest of 5.5% to 6% (for easy calculation taking 6%). Total interest earned was Rs. 6.00/-

Moreover, the interest earned on FDs is taxable under the marginal tax slab rate. So on that Rs. 6.00/- you need to pay 30% tax as well. That will be Rs. 1.80/-. Net amount of return was Rs. 4.20/- after tax from FD/PO.

Inflation Amount was: 5.60/-
You earning was Rs 4.20/-

In real terms, you lost Rs. 1.40/- per hundred. So if your investment is not giving return more than inflation rate, you will find yourself in loosing side, so to keep pace between your investment and inflation, you should consult your financial expert.

CA Nikhil Khurana
+9818790796

17/01/2022

To promote technological innovation in Karnataka, 200 startups will be provided with seed funding of up to ₹50 lakh each in the current year.

30/07/2021

Vide Notification Number 29/2021 - Central Tax, the Section 110 and 111 of the Finance Act, 2021 is made effective w.e.f. 01st August 2021.

The changes:

Section 110 - Removed the requirement of GST audit by a chartered accountant or a cost accountant and furnishing of audited reconciliation statement in Form GSTR-9C.

Section 111 - Changed Annual Return filling section in GST in a way that the Form GSTR-9 can be filled with a self-certified reconciliation statement. Also the due date for filling will be now based on notification. Earlier chartered accountant or a cost accountant certified GSTR 9C was required.

Also the Commissioner is now empowered to exempt any class of registered persons from filing annual return

30/07/2021

15/06/2021

Cost Inflation Index for the F.Y. 2021-2022 is 317

15/06/2021

Finance Ministry to hold meeting on 22nd June, 2021 with Infosys on issues in the new Income Tax Portal.

13/06/2021

Agra Startup (Baby Gossip) with best quality products with best rates.

For girls are the happiest in frocks... I bet on it and all the mumma’s agree upon it❤️
Check our our website for more of the baby girl fashion

https://babygossip.co.in/product-category/girls-clothing/

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy.

13/06/2021

After the 2 month pause, India’s Primary Market is getting ready for 4 new IPO in coming week:

1. Sona Comstar @ 285-291 with minimum 51 shares.
2. Shyam Metalics @ 303-306 with minimum 45 shares.
3. Dodla Dairy @ 421-428 with 35 minimum shares.
4. KIMS Hospital @ 815-825 with 18 minimum shares.

Connect for recommendations on the basis of Market Study.

13/06/2021

𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗼𝗳 𝟰𝟰𝘁𝗵 𝗚𝗦𝗧 𝗖𝗼𝘂𝗻𝗰𝗶𝗹 𝗠𝗲𝗲𝘁𝗶𝗻𝗴:

The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021.

30/05/2021

Important Update on IEC (Import Export Code)