Below is a tabular version of the latest income tax slabs applicable for individuals and HUF: Taxable Income Old Tax Regime New Tax Regime Up to Rs.2.5 lakh Exempted Exempted Greater than Rs.2.5 lakh to Rs.3 lakh […]
The newly added clause (h) states that any sum payable by the assessee to a MSME beyond the time limit set in Section 15 of the MSMED Act, 2006, is eligible for deduction. This deduction is applicable […]
A Virtual CFO provides high skill assistance in financial requirements of an organization as like a Chief financial officer does to an organization. WHY VIRTUAL CFO? Startups and SMEs often prepare accounts only to comply the law […]
In the dynamic world of business, statutory audits play a pivotal role in ensuring financial transparency and regulatory compliance. At Hamid Hussain and Company, we recognize the significance of this process and strive to demystify it for […]
In the ever-evolving landscape of business, operational efficiency is the cornerstone of sustainable growth. At Hamid Hussain and Company, we recognize the transformative power of Operations and Efficiency Audits. Join us on a journey to explore the […]
In the intricate world of finance, mastering the art of effective costing and accounting system design is paramount. At Hamid Hussain and Company, we delve into the strategies that underpin these processes, ensuring businesses are equipped with […]