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Bookkeeping the ongoing process of recording

Bookkeeping is the ongoing process of recording a business’s financial transactions in an organized manner. There are various methods for tracking these activities, and accurate recordkeeping is crucial for preparing reliable financial reports and monitoring business performance. Good bookkeeping is also essential if your business faces a tax audit. Bookkeeping Methods Before you start, choose […]

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Key Takeaways from Union Budget 2025 for Taxpayers and Businesses

Introduction A forward-looking blueprint centered on tax relief, corporate empowerment, and long-term growth through digital and green initiatives is outlined in the Union Budget 2025, which was delivered by Finance Minister Nirmala Sitharaman. This budget seeks to strike a balance between inclusive development and fiscal efficiency by implementing significant reforms targeted at the middle class,

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PAN for NRIs: A Chartered Accountant’s Perspective

As a Chartered Accountant, one of the most common queries I receive from Non-Resident Indians (NRIs) revolves around the Permanent Account Number (PAN). While PAN is a well-known term among resident Indians, its implications, necessity, and application process for NRIs often lead to confusion. This blog aims to clarify the importance of PAN for NRIs,

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