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MASD endeavors to bring the latest information to you. Our topic includes business compliance, Internal audits, Global events (that impact the Indian economy), GST, etc. Furthermore, we cover GST news, Finance industry news, RBI norms, and the Companies Act 2013.

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“AFTER INCOME TAX, RENTING STRIKED BY GST”

August 5, 2022

Let us talk about the leasing, now a days people purchase properties as a prominent source of Income and future investment, these was considered by government in Framing of Income Tax provision, thus generating crores of Revenue for government in the form of Taxes. Earlier Under Central Tax Rate, Services by way of renting of […]

<strong>Are you prepared for </strong><strong>Due Diligence?</strong>

July 22, 2022

Due diligence is a process of analyzing a company’s potential, assessing the company’s financial viability at a comprehensive level, and examining the material facts related to the Company concerning a potential transaction. It is an investigation, audit, or review performed to validate facts or details of a matter under consideration. Due diligence is an exhausting […]

What is Batch Wise Costing and Batch Wise Costing in Tally

July 14, 2022

What Is Costing? Costing is the classifying, recording, and appropriate allocation of fixed and variable expenditure incurred for the determination of the costs of products or services, and a decision-making and forecasting tool. Batch Costing: Batch costing is a form of specific order costing. Job costing refers to the cost of jobs that are executed […]

Section 89:- Relief to Salaried People

July 7, 2022

Introduction: – Any Income received by an individual during the financial year is Taxable under their respective head of income. Sometimes, there arises an income which is resulting due to arrears in the previous year. This might create an additional tax burden on the Taxpayer, to avoid such an additional burden Section 89(1) of the […]

FREEBIES NO MORE FREE?

July 6, 2022

Let us talk about something a little more cheerful like freebies; who does not like them. Do you know who gets the most freebie? Influencers. Free Products Drive the Influencer’s Economy By promoting of clothes to bags to skin care products, vacations, first-class flight tickets fitness equipment influencers get everything for free, and if that […]

How Angel Funds are different from Other AIFs

June 24, 2022

The Indian Start-up ecosystem has come a long way, with many start-ups going public and nearly 42 companies becoming unicorns in 2021. According to Inc42’s Indian Tech Start-up Funding Report 2021, Indian start-ups raised $42 Billion in funding across 1,583 deals in 2021, and 2,487 unique investors participated in start-up funding. Most of these investments take the route […]

DECODING  TRANSFER PRICING

June 17, 2022

Introduction The Concept of Transfer Pricing covers transaction between the divisions or subsidiaries of Multi-National Company (MNC) located across the globe. This transaction involves expense for the receiving company and revenue for the supplying company in foreign currency. Therefore, it imbibes various aspects from costing to taxation. Transfer Pricing result in separate calculation of profits […]

All about getting your company listed

June 10, 2022

I. Introduction:- One of the questions which arises in the minds of young entrepreneurs is what are the benefits to get the company listed on Bombay Stock Exchange (BSE) / National Stock Exchange (NSE), well this article gets you covered on this. Listing refers to the company’s shares being on the list (or board) of […]

BRIEF NOTE ON MAHARASHTRA LABOUR WELFARE FUND (MLWF)

June 9, 2022

Act: – The Maharashtra Labour Welfare Fund is covered under The Maharashtra Labour Welfare Act, 1953. It is applicable in the state of Maharashtra. The mission of this welfare fund is to create social, educational, and financial advancement for laborers, by promoting welfare schemes, programs, and facilities to the eligible and registered workers of the […]

LIC IPO

June 3, 2022

Introduction: – Life Insurance Corporation of India (LIC) is a giant Indian based Statutory insurance and investment corporation with nearly 290 million policy holders as of 2019, which makes up almost two-third of the overall Insurance sector. LIC was formed by nationalising and amalgamating private insurance companies which included around 245 companies under the Insurance […]

Benefits of STARTUP INDIA REGISTRATION for New Startups

May 26, 2022

The popularity of Startups and the enthusiasm displayed by entrepreneurs led to the government of India starting and promoting the Startup India initiative. The idea of Startup India is to provide an inclusive platform for the growth of Startups by empowering them through innovation and technology support. Who can avail the Benefits of Startup India […]

IIA:  Gateway for Professionals

May 19, 2022

Introduction:- IIA is currently the most trending buzz nowadays among students and finance professionals. IIA stands for The Indian Institute of Accounting. The bill named “The Chartered Accountants, the Cost and Works Accountants, and the Company Secretaries (Amendment) Bill, 2021”, has been proposed in parliament to create an Institute similar to IITs & IIMs. NEED […]