Blogs

Understanding Section 43B: How to Claim Tax Deductions for MSME Payments

Category : Income Tax
" Tax Time Got You Confused? Understanding MSME Payments & Deductions Made Easy. Ever wonder how timing your payments can impact your taxes?  This is especially important when dealing with Micro, Small, and Medium Enterprises (MSMEs). Traditionally, the Income Tax Act allowed businesses to clai... "

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28 Mar, 2024

PKP Consult Explains: Section 35AC Tax Benefits for Businesses

Category : Income Tax
" Did you know your business can contribute to social good while saving on taxes?  Section 35AC of the Income Tax Act, of 1961, offers a unique opportunity for corporate as well as other non-corporate donors businesses to claim tax deductions for donations made to approved organizations. This blog... "

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26 Mar, 2024

Don't Overpay! Vital Income Tax Planning Tips for Salaried Employees in India

Category : Income Tax
" Time to Save! Smart Tax Planning Tips for Salaried Employees in 2024. March 31st, 2024, is fast approaching – the deadline for filing your income tax return in India! But before that, there's a golden opportunity to maximize your take-home pay through smart tax planning. Wondering how? L... "

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26 Mar, 2024

The Essential Guide to NRI Tax Matters in 2024

Category : Income Tax
" Managing the intricacies of Indian tax regulations can be a significant challenge for Non-Resident Indians (NRIs). Juggling financial responsibilities across borders and adhering to changing tax laws requires a clear understanding of your NRI tax status and obligations. PKPConsult, your trusted p... "

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12 Mar, 2024

Streamline Your Business by Choosing PKPConsult’s Bookkeeping Services in India

Category : BookKeeping
" Feeling overwhelmed by bookkeeping chores? Does keeping up with financial records take away precious time you could be dedicating to growing your business? If so, you're not alone. Many businesses, especially in their early stages, struggle to manage their own bookkeeping. That's where PK... "

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11 Mar, 2024

Understanding the Process- Closure of Liaison Office in India

Category : Business Setup
" A liaison office in India refers to a branch or representative office set up by a foreign company within the country. Its primary aim is to facilitate communication and coordination between the foreign parent company and various stakeholders in India. This office serves as a crucial intermediary, co... "

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27 Feb, 2024

Aligning Remittance of Money From India: A Step-by-Step Process

Category : Miscellaneous
" Understanding International Money Transfers from India International money transfers from India, also known as outward remittance, follow a regulated process overseen by the Reserve Bank of India (RBI). This process allows Indian citizens to transfer funds to foreign countries for various purpose... "

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26 Feb, 2024

Covering Accounting Services in India! What You Need to Know

Category : Legal Advisory Services
" In the dynamic landscape of global business, India has emerged as a powerhouse, offering a myriad of outsourcing services to countries like the UK, the US, Australia, and more. Among these services, accounting outsourcing stands out as a cornerstone, with Indian firms leading the charge. The appeal ... "

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23 Feb, 2024

Unlocking Business Setup Services in India- Your Complete Roadmap

Category : Business Setup
" In the dynamic landscape of business, aspiring entrepreneurs often grapple with the challenges of launching a new venture, from navigating complex regulations to managing startup costs. However, with the advent of Business Setup Services in India, these concerns are becoming a thing of the past. ... "

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23 Feb, 2024

Understanding Regulatory Compliance for Businesses in India

Category : Business Setup
" Navigating the intricate landscape of Regulatory Compliance for Business in India is no easy feat. At PKPConsult, we specialize in providing comprehensive solutions designed to ensure that your business meets all relevant legal and regulatory requirements. With our expertise, we guide you through th... "

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22 Feb, 2024

Decoding FEMA Compliance & Compounding- A Practical Approach

Category : Commercial Law Services
" Understanding the complexity of cross-border transactions demands a meticulous approach, with corporations facing a complex web of regulations. The surge in both inbound and outbound transactions accentuates the need for stringent compliance. Enter the Foreign Exchange Management Act, 1999 (FEMA), a... "

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29 Jan, 2024

Streamlining Operations: The Power of Professional Payroll Management Services

Category : Payroll Outsourcing
" Navigating the intricacies of payroll management is no small feat for any business. Simply put, it's the systematic process of distributing salaries to employees under the prevailing laws and regulations. Regardless of whether a company chooses to handle this internally or opt for the expertise ... "

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25 Jan, 2024