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SME IPO………….ONE OF THE UNIQUE WAY FOR FINANCING YOUR BUSINESS AND MULTIPLYING WEALTH IF YOUR BUSINESS IS GOOD GROWING, IF YOUR BUSINESS IS PROFITABLE, IF YOUR BUSINESS HAS GOOD REALISTIC PROJECTIONS, IF YOUR BUSINESS HAS POTENTIALS TO GROW HORIZONTALLY AND VERTICALLY AND IF YOU ARE VISIONER……….READ THIS KNOWLEDGE SHAREING For any business in the world, FINANCE is the 1 st and pre-requisit to establish and run the business and to write its growth story. Many profitable business do not survive due to availability of finance or due to availability of finance at high cost. There are many ways to finance business…i.e. own capital, Loan Funds from banks, Financial institutions, Debt fund , Unsecure loan funds , Pvt Equity, Public equity funds and so on and so forth… but for the growth of business , for developing business horizontally and vertically, low cost fund can play the crucial roll for the whole growth story.   Funding business through debt instrument is the costly affair up t
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E INVOICE ...THRESHHOLD LIMIT FURTHER REDUCED TO 5 CRORE WEF 1ST AUG 2023

  The government has decided to reduce the e-invoice limit from Rs. 10 Crores to Rs. 5 Crores from 1st August 2023. This means that any taxpayer who has an aggregate turnover exceeding Rs. 5 Crores in any financial year from 2017-18 to 2022-23 will be required to generate e-invoices from 1st August 2023 onwards. In simpler terms, businesses with turnover above Rs. 5 Crores will be required to generate electronic invoices for their transactions.

The Last Date for Renewal of Registration under 12AB, 10(23C) and 80G is 31ST MARCH,2022

  Extension of due date for Renewal of Registration under 12AB, 10(23C) and 80G NGO [ TRUST, SOCIETY, SEC 8 COMPANY ] GETS INCOME TAX EXEMPTION IF THE SAME IS REGISTERED U/S 12AB, 10(23C). IF NGO FAILS TO GET FRESH REGISTRATION OR IF ALREADY REGISTERED U/S12AA, RE-REGISTRAION , THEN, NGO WILL LOOSE TAX EXEMPTION. THE NGO REGISTERED U/S 80G WILL HAVE TO TAKE FRESH REGISTRAITON BEFOE 31/03/2022 The Ministry of Finance vide Circular No. 16 dated 29 th  August, 2021, has extended the due dates for various compliances under the Income Tax Act, 1961 in view of the genuine hardship faced due to the pandemic. One of the significant changes for the NGO sector is that the last date for  revalidation of registration under 12AB, 10(23C) and 80G of the Act has been further extended from 31 st   August 2021 to 31 st  March 2022.    ALL NGO NEED TO CHECK ABOUT THE FRESH REGISTRATION  TAKEN OR NOT TO AVOIDE LOSS OF TAX EXEMPTIONS…………………………………………………………………………………………… …….    

NBFC.....THE FORMAL WAY TO DO FINANCE BUSINESS

  NBFC…THE FORMAL WAY OF DOING FINANCE BUSINESS IN INDIA…….KNEE OF OVERALL FINANCE BUSINESS WHY NBFC: It’s a formal way of doing finance business in India , not as a bank but not less than Bank. The rapidly-growing Indian economy has provided the biggest & profitable opportunity to Non-Banking Financial Companies (NBFCs) in creating a niche for themselves in recent years. The NBFCs do not hold banking licenses but they offer almost every service that banks do including accepting deposits, offering loans, performing financial intermediation, offering cash advances, leasing, hire purchases, etc. In a thickly populated country like India, mainstream banking services are not capable of fulfilling the financial needs of all the citizens. Owing to this fact, the NBFC has been able to carve a space for itself by making inroads into the country. NBFCs have grown at a remarkable pace in the last decade as a consequence of their customer-friendly approach, great flexibility, and