Introduction Startups in Delhi NCR grapple with the daunting task of managing intricate financial operations while striving for business growth. The demands of bookkeeping, compliance, and financial reporting often become a significant burden, diverting valuable time and resources from core business activities. Enter the transformative solution of outsourcing business accounting and bookkeeping services. Entrusting these...

INTRODUCTION: In the realm of income tax regulations, Section 43B plays a pivotal role for businesses and professionals. Recently amended, this section outlines specific expenses eligible for deduction under ‘Income from business and profession.’ Notably, the amendment focuses on payments to Micro, Small, and Medium Enterprises (MSME) registered suppliers. SECTION 43B OVERVIEW: Section 43B of...

In a game-changing move, the Bombay Stock Exchange (BSE) has rolled out updated guidelines for small and medium enterprises (SMEs) eyeing a transition from the SME platform to the main board. Effective January 1, 2024, these guidelines set the stage for a more robust and transparent listing process. Key Requirements for Transition: Net Worth Criterion:Applicants...

US NPO ACCOUNTING-  A Complete Guide Not-for-profit Organisation (NPO) Accounting outsourcing is a system of recording and reporting all business transactions that are considered NPOs. It involves choosing the best accounting method, understanding compliance and tax responsibilities, and creating and reporting the figures in the appropriate financial statements. NPO’s entities focus more on the accountability...