5 Important facts to keep in mind while Tax Planning for FY2022-23
Tax planning is a daunting task for both individuals and corporates alike. Every person liable to pay income tax has many options to choose from while tax planning. Given the number of amendments, notifications, and sections in the Income Tax Act, each person’s tax planning is always different. However, it is important for every entity […]
Taxation Guide: 5 Tax Planning tips for Startups in India
Taxation is an inevitable task for every business. The famous words of Benjamin Franklin, the founding father of the United States, that there is nothing in the world that is as certain as death and taxes, highlight this point. New businesses have the burden of different types of costs. One of the top contributors to […]
How does having a VCFO improve (add value to) your business?
John C. Maxwell once said, “A leader is one who knows the way, goes the way, and shows the way”. What a leader is for a team, the CFO is for an organization. The CFO is the head of financial operations and is in charge of all the financial activities. Being in charge of the […]
Tax Tips for 2022 Tax Season: Make Your Tax Process Effortless
According to Albert Einstein, one of the brightest minds ever seen, the hardest thing in the world to understand is the taxes. And it is rightly so. With the changes and additions in the tax laws year after year, it becomes a challenge to the unversed to tackle taxation. The pandemic has further complicated the […]
Best Due Diligence Trends You Need To Know in 2022
The famous entrepreneur of the 17th century, William Penn, mentioned diligence and patience as the two qualities which like faith, can move mountains. Diligence is not a new concept, but lately, its significance in the business world is more recognised. So, what is due diligence? It is an extensive appraisal of the different aspects of […]
An In-Depth Look At The Future Of Accounting: 2022 Annual Guide
The pandemic has forced the business world to change in more ways than one. It was responsible for fast-tracking the digital transformation in business. It is also transforming in leaps and bounds. The accounting division of many organizations started working remotely. Adaptability became the buzzword for sustaining a business. The year 2021 saw a continual […]
Financial Controller VS CFO: Know Which Does Your Business Need To Grow ?
The terms financial controller or CFO, though used interchangeably, have some differences. This is especially true for small companies who are low on budget to hire a financial controller and a CFO. There are many factors that have to be considered while deciding who the business needs; A Controller? A CFO? Or both? Who is […]
Virtual CFO Services- Some Attributes that make it a norm for business
The popularity of virtual CFOs has been on an uphill trend for quite some time. The digital transformation, which got sped up by the onset of the pandemic, has played an undeniable role in this wide acceptance. Over the years, the role of CFO has undergone a positive transition. Besides the traditional responsibilities related to […]
8 Ways Outsourced CFO Services can help your Small Business
As per the reports published on the website of India Brand Equity Foundation in June 2021, the micro small and medium enterprises (MSME) sector in India contributes about 29 percent towards the GDP. The opportunities available to small businesses have increased manifold. As the opportunities increase, so will the challenges they face. This is where […]
Does Your Startup Need a CFO
The Startup is one of the most commonly heard terms in business in recent times. The picture that comes to our mind about a startup is one or two people in a garage ready to change the world with their ideas but on a shoestring budget. This is true in most cases. Any business or […]