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REMEMBERING THE GOLDEN LIFE OF ARUN JAITLEY - THE ARCHITECT OF GST REFORM

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The 24 th day of August 2019 will be remembered as a dark day in the history of India as the true reformer of Indian economy, former Finance Minister Arun Jaitley passed away. But the legacy of this true visionary will continue to be witnessed in every step the country takes towards being the strongest financial and economical institute in the world.                  A man of strong will and unhindered passion, Arun Jaitley has made a huge impact on the Indian financial structure and us at Gupta Anoop & Co, a team of GST advisor and analysts proudly celebrate the remarkable achievements that have revolutionized Indian economy forever.                 A glorious timeline that flourished with dedicated service to the nation!          From a young age, Arun Jaitley expressed leadership values and qualities of a true intellectual. From being a student leader at university, president of student’s union, civil rights activist, practising lawyer and senior advocate to

Key Statements in a Partnership Agreement that Determine the Future of Business

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Every business comes with its responsibilities and imperatives that are to be accomplished in order to achieve the target growth and profitability. There are myriad aspects involved in conducting and running a business organization. It is a must to ensure that all the must-do’s are conducted most efficiently for the overall progress and growth of a business.             A single-handedly run organization can experience hindered progress. It limits the true potential of the brand and disrupts innovation by constraining ideas for enhancement. Thus in order to ensure consistent growth of business and to alleviate the monotonous nature of an organization, partnerships are immensely valuable.                      Every business partnership is based on an agreement that defines the terms and conditions of the same. It forms to be the foundation of conducting business and also states the legal conditions that determine the responsibilities of each partner. At Gupta Anoop &

Driving Financial Disruption with Innovative Bookkeeping and Accounting Trends

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Utilizing data and numbers from today in order to forecast the happenings of the future is what bookkeeping provides. Such an imperative aspect of business accounting and finance can be vastly fruitful in deriving a valuable insight of the times to come and thus predict the patterns for making the most successful investments.                                              Technology is seen as a viable solution for streamlining tasks of all sorts. The rapidly progressing demands of today’s business sector require an equally capable solution to handle all the finance and accounting related activities.                  Automated processes have disrupted the accounting industry and with the vast benefits of same, major shifts in the trends for bookkeeping have emerged. The embracing of automation and digitization by accountants and bookkeepers has revitalized the business finance sector and allowed for higher benefits and precise forecasting in order to derive valuable profits.  

Taxation Alterations from the New Budget in Effect from 1st April 2019

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Each year a new budget is proposed based on the factors of economy and this has a direct impact on the performance of all the enterprises throughout the financial year. In effect from April 1 st , the 2019 budget is applied to all the financial systems and the alterations it introduced have led to a resultant change in operations and business affairs. Now is the time to get along with your financial planning and taxation affairs to help find a suitable approach that will lead to better benefits in the current financial year.                      The company tax advisor at Gupta Anoop and Co. is dedicated to guiding business enterprises for complying with all the tax affairs and also satisfy necessary requisites. Being in effect from this month, let’s take a look at all the key points of the budget and revisit the changes in tax rules for the financial year beginning April 2019. §   For the current year, the income tax rebate has been increased and for a taxable annual

Achieving Better Balance of Investment and Profit with Financial Guidance from GACO

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Every business decision is made based on a number of significant factors and undertaken after a clear consideration of the same. Forecasting, planning, and simulation are the critical aspects of a business and determine the effectiveness and efficiency of the functioning. At Gupta Anoop and Co. you will find the right guidance and perfect consultation to help enhance your business structure with better investments and project undertakings.        The various factors that decide the proper investment for projects and the decisions favoring undertaking of the same have been stated as follows:   ü   The current market demands and future trends ü   The prospects of potential application and wide utilization ü   Better efficiency and enhancements of productivity   ü   Financial reinforcement for stable management   ü   Minimum input for high future gains          Many times businesses and corporate organizations fail to implement the suitable techniques and processes t

Creating Account Audit Reports for Filing on 30th September, 2018

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Returning income tax is a necessary formality that liable individuals or businesses need to fulfill. The tax returning dates for the financial year 2017-18 has passed for individuals and non-corporate associations and now businesses have to file their ITR at the end of this month i.e. the 30 th of September. This day marks the filing period for businesses that require accounts auditing. Gupta Anoop & Co. stands out as the top financial advisors and tax consultants in India whose insight on taxation affairs and organizational audit report generation has empowered businesses to achieve intangible infinities of success and an opportunity to maintain market credibility.           While certain categories of individuals are exempted tax deductions and filing of returns, it is mandatory for business organizations to do the same irrespective of profit or loss. Thus to prevent any hassles in the process and adopt a seamless system for easy return tax, the income tax con

Benefits from Digitization in Tax Return Filing by E-TDS

Every salaried individual whose annual earnings exceed a certain limit is liable to pay tax. Returning income tax is a financial obligation for all such individuals and mandatory by law. Every salaried individual is required to pay a fixed percentage of total earning values and deposit the same within time. TDS or Tax deposit at Source is a type of tax payment that is automatically deducted by the payer from an employee’s salary and paid to the income tax department.         TDS is a monthly deduction strategy and relieves the burden of hefty annual tax payment. As an employer is liable to deposit the same every month for each employee, it becomes a hectic activity. To help ease the hassles, E-TDS services are offered that act as the best help in this regard and handle all the tax return related operations for an employer.            The introduction of electronic tax return service has vastly simplified the process and now one can return the liable amounts anywhere without