October 2019 – SS Financials

Online proficiency test for independent directors

Posted by SSdigitalBE
On October 30, 2019
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Boards of directors of companies will have to provide shareholders details on the integrity, expertise, and experience of independent directors hired during the year, according to new rules the Centre has introduced. Independent directors should also have passed a self-assessment test conducted by the Indian Institute of Corporate Affairs (IICA), attached to the Ministry of […]

What is Presumptive Tax Scheme?

Posted by SSdigitalBE
On October 28, 2019
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The presumptive tax scheme is meant for small business owners and people having professional income as keeping a record of all their business expenses to file the Income Tax Returns (ITR) is difficult. So individuals eligible forq this method are not required to maintain the accounting book. Eligibility for the Presumptive Taxation Scheme This facility […]

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