How to get your 2013 Tax Residency Certificate ?

With effect from financial year 2012-13, India made it mandatory for all foreigners, including non-residents to obtain a Tax Residency Certificate with certain prescribed details from their country of residence in order to claim benefits of the Double Taxation Avoidance Agreement (DTAA).
The complete notification for this was released in September 2012, and hence financial year 2013-14 is the first full year when this will become applicable.

How many branches are there in S.B.I. ?

There are 16000 branches of S.B.I and 9000+ A.T.Ms 

 

How to get your 2013 Tax Residency Certificate ?

With effect from financial year 2012-13, India made it mandatory for all foreigners, including non-residents to obtain a Tax Residency Certificate with certain prescribed details from their country of residence in order to claim benefits of the Double Taxation Avoidance Agreement (DTAA).
The complete notification for this was released in September 2012, and hence financial year 2013-14 is the first full year when this will become applicable.

Auditing Firms in India

The Big Four are the four largest international professional services networks in accountancy and professional services, offering audit, assurance, tax, consulting, advisory, actuarial, corporate finance and legal services. They handle the vast majority of audits for publicly traded companies as well as many private companies, creating an oligopoly in auditing large companies. It is reported that the Big Four audit all but one of the companies that constitute the FTSE 100, and 240 of the companies in the FTSE 250, an index of the leading mid-cap listing companies. The Big Four firms are shown below, with their latest publicly available data.

Top 15 bookmarking sites 2013.

www.slashdot.org
www.reddit.com
www.raaas.com
www.squidoo.com
www.stumbleupon.com
www.delicious.com
www.digg.com
www.technorati.com
www.folkd.com
www.diigo.com
www.metafilter.com
www.newsvine.com
www.blinklist.com
www.bibsonomy.org
www.hotklix.com

Hope this list will help you in doing seo. best of luck.

Are you likely to get an income tax notice?

Just two days before the end of the financial year, a reader called up ET Wealth with an unusual query. He had changed jobs during the year and both the employers had given him Section 80C and home loan tax benefits. "If I add both the incomes and recalculate, I will have to pay about Rs 40,000 more in tax. Should I ignore the income from the previous employer?" he asked.

Who provides Tax Services in India ?

As day and on the radius of Service tax is increasing, there rise the need for professionals who can tackle all the compliances related to this major tax. Recently Government has encompassed every service under the service tax regime, else than a few. With this comes the manifold effect like, registration, filing of tax returns, calculation of service tax payable and so on. Since Revenue is continuously amplifying its scope to include additional services every each year. We at Ruchi Anand & Associates, provide all related and nested services include end to end solution like advice on applicability of Service Tax to meeting compliances including Registration and filing of requisite forms with the Department. Also, we undertake review of specific agreements to identify the applicability of tax.

Public Company Advisory

When companies feel undervalued by public markets, they need advice on public-to-private transactions and DE-listings. From advice on completing a deal, through to executing the transaction, companies require professional advisers to guide them confidently and to project manage other advisers.

• We are the leading corporate finance adviser on public-to-private transactions, having advised on more P-to-Ps than any other adviser.
• We provide the full range of services necessary to complete a deal, including strategic advice, taxation advice, pensions advice, legal advice, regulatory compliance and due diligence.

If this is your situation

• Your company is undervalued by the stock markets.
• Your listing does not provide any tangible benefits.
• You are considering "going private".

 

How PwC can help

• As a leading public-to-private adviser, we provide professional advice and experience.
• We develop and maintain strong relationships with private equity houses and other sources of finance.
• Benefit of access to specialists in the rules and regulations governing public listed companies and de-listing.
• We have the industry knowledge and the global capability to advise on all aspects of transactions from deal; origination, through structuring to exit planning and execution.

Auditor in India

Ruchi Anand & Associates, we are all about service. We strive to develop long-term relationships with our clients, approaching each engagement with a focus on bringing value. Our senior professionals are actively involved in each engagement from inception to conclusion with smart sensitive approaches. We are one of top Indian Chartered Accountant Auditing Firms, Auditor  based in India at New Delhi. We provide Audit and Assurance Services, Risk Advisory and Tax Services for improving your financial efficiency, accuracy & stability.

Delhi HC comes to rescue of taxpayers denied TDS credit

MUMBAI: The Delhi high court has instructed tax authorities not to adjust refunds due against past outstanding demands under any circumstances without informing the taxpayers.

Other key directives issued by the HC include that interest on refund should be paid to taxpayers for delays not attributable to them. Another related issue was also addressed by the HC. At times taxpayers are denied TDS credit because of a mismatch between the TDS claimed by them in their returns and that uploaded by the tax deductor.

If my plan base is higher than my unsecured debt balance, which do I owe?

I have been in chapter 13 bankruptcy since 2010. My base plan payoff shows an amount higher than my actual amount due creditors at 100 percent payoff. Which do I actually owe? Is it possible to have to pay more to the trustee than the balance of debt owed?

internal audit by ruchi anand and associates(raaas).

Ruchi Anand & Associates assists organizations which want to improve the quality and efficiency of their internal audit processes. Established in India, we offer a broad range of customized Internal Audit services to augment corporate governance, manage business risk, provide assurance on control effectiveness, and support organization in achieving the objectives.

What is the full form of C.A.?

Q:  What is the full form of C.A.?
ans:
               Chartered Accountant.
               Class Auditor
               Champ Anna

Give the appropriate answer.

OFFBEAT: Financial Statement Audit

OFFBEAT: Financial Statement Audit: Investors seek confidence in Financial statements , which only independently audited financial statements can provide. Thus functioning ...

Financial Statement Audit

Investors seek confidence in Financial statements, which only independently audited financial statements can provide. Thus functioning of even capital markets are driven by the audited financial statements. We at Ruchi Anand & Associates try to upkeep the audit approach which is paired with consistency and compliances, especially Indian and International Standards on Auditing. Our clients’ list include many of the world’s leading multinational corporations, as also many small and 


medium-sized companies.

Ruchi Anand & Associates help you in the following areas

• Suggesting on internal controls and processing system weaknesses.
• Advising clients and professionals on application and interpretation of International Financial Reporting Standards and International Standards on Auditing.
• Compliance with regulations prescribed.
• Accounting treatments for complex transactions.
• Designing audit services to exactly meet clients’ environment.
• Assessing the feasibility of switching audit firms.
• Making necessary filing of audited financial statements.
• Providing consistent global audit methodology for financial statements.
• Leading audit committee members have pace with business issues related to corporate governance, accounting, financial reporting.
• Increased review of prospective accounting and regulatory changes.
• Review of externally reported information.
• Preparation and submission of Accountants' reports.
• Suggesting clients and professionals on application and interpretation of International Financial Reporting Standards and International Standards on Auditing.
• Providing non-audit services to various business/non- business organizations.

FIIs infuse Rs 639 cr in Apr, sell-off likely in coming days

Overseas investors have poured in Rs 639 crore into Indian equities during the first week of the current fiscal, but experts fear a possible sell-off in the coming days amid political and economic worries.
From April 2-5, Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 14,378 crore, while they sold equities amounting to Rs 13,739 crore -- a net investment of Rs 639 crore (USD 118 million), as per Sebi data.
The net inflow is despite the fact that FIIs sold equitiesin 3 of the 4 days.for more visit : http://www.raaas.com

Just Rs.40 cr disbursed via direct cash transfer

The UPA government has pinned its hopes on the direct benefit transfer (DBT) scheme, its likely plank for the next general elections, to reduce the cost of welfare schemes and said this would help slash the Centers subsidy bill itself by a whopping 70%. But given the slow pace of its roll out, the Adhar-enabled scheme might prove unequal to the task.

Six things to know about tax deducted at source !

1. TDS is the tax paid by individuals on certain types of incomes. The deductor, or the person paying the income, deducts the tax and pays the balance to the deduct, or the one receiving the income.

2. The types of income which invite TDS include salary paid to employees, interest on bank deposits and bonds, winnings from lotteries and horse races, etc.

3. TDS is deductible at various rates specified by the government. There may be a threshold listed for different types of incomes, and TDS may be levied only above this limit.

4. The deductor issues a TDS certificate to the deductee, giving details of the tax cut. It is treated as tax paid by the deductee on income earned, and adjusted against income tax payable for the year while filing the return.

5. The responsibility of deducting tax at source and depositing it with the government lies with the deductor. The TDS should be deposited within a week of the end of the month in which the deduction is made.

6. The returns for the TDS must be filed by all deductors every quarter on the prescribed forms. The respective due dates for filing of returns are 15 July, 15 October, 15 January and 15 May.

Help with taxes! First time?

My parents want me to do my own taxes but still file as a dependent. This is my first job, I know I have to file my gross income, but do i have to file my tuition bills etc even though my parents have already claimed mine, except for the money that I made?