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readyaccountant
Last seen: 6 hours ago
Member since Mar 28, 2024
Who Needs to File ITR?
Income Tax Return (ITR) filing is mandatory for anyone whose annual income crosses the basic exemption limit of ₹3,00,000 under th...
ITR Filing for Audited Businesses
Audited businesses such as companies, partnership firms, professionals, and high-turnover proprietorships must file their Income T...
How Income Tax Slabs Work
Income tax slabs divide your income into ranges, and each range is taxed at a different rate. India has two regimes—old (with dedu...
What is the SIR Electoral Roll and Why i...
The SIR Electoral Roll is a special revision process that updates and verifies voter lists to ensure clean, accurate, and fraud-fr...
Why ROC Compliance Is Crucial for Your B...
ROC compliance ensures that companies in India follow the Companies Act, 2013 by filing annual returns and financial statements on...
Understanding Input Tax Credit (ITC) in ...
The Input Tax Credit (ITC) under India’s GST system allows businesses to claim credit for the GST paid on purchases, helping avoid...
NRI Repatriation of Funds from India: Ta...
NRI repatriation of funds from India means legally transferring money from your Indian bank account (in ₹) to your overseas accoun...
From Taxation Basics to Advanced Forecas...
In 2025, finance careers demand mastery from taxation basics to advanced forecasting. Start with Taxation (Income Tax & GST) compl...
RBI Balances Liquidity, Yields, and Rupe...
The RBI expertly balances liquidity, bond yields, and rupee stability using tools like repo rates, CRR/SLR, OMOs, and forex swaps....
GST Rule 42/43 Full Calculation in Exce...
GST Rule 42 governs ITC reversal on inputs & input services used for taxable + exempt/non-business supplies. It uses turnover prop...
Annual ROC Filing for Companies
Annual ROC Filing is a mandatory yearly compliance for all Indian companies under the Companies Act, 2013. It involves submitting ...
How to Become a Tax Consultant in India ...
You don’t need a CA degree to become a successful tax consultant in India. With the growing demand for GST, income tax, and compli...
Why Everyone Is Talking About the CCA Co...
Certified Corporate Accounting (CCA) by Ready Accountant (Kolkata): ✅ 80% practical – Real GST/IT filing ✅ 2,175+ placed in 500+...
The Role of Corporate Finance in Decisio...
Corporate finance is the smart way companies handle money—finding funds, spending wisely, and keeping cash flowing for growth and ...
What Is the Primary Purpose of Financial...
Financial accounting is the process of recording, summarizing, and reporting a business’s financial transactions to provide clear ...
5 Major Limitations of Accounting Every ...
Accounting is essential for recording and analyzing a business’s financial performance, but it has certain shortcomings. Financial...
What are the Golden Rules of Accounting ...
The Golden Rules of Accounting guide how every transaction is recorded. They include: (1) Debit all expenses and losses, credit al...
Mastering VLOOKUP, HLOOKUP & XLOOKUP A C...
explains how VLOOKUP, HLOOKUP, and XLOOKUP functions in Excel help finance and accounting professionals efficiently search and ret...
UPI & Digital Payments: India’s Success ...
India’s UPI-led digital payment boom, highlighted in Decoding the Budget 2025, has transformed financial transactions and boosted ...
Key Changes in Tax Slabs and Compliance ...
The 2025 tax update introduces new income tax slabs with zero tax up to ₹7.5 lakh and simpler GST compliance rules like lower e-in...
Learn How to Manage PF Balance and its B...
This article explains how to manage PF balance and employee benefits effectively — a key skill for accounting, HR, and finance pro...
Impact of SEBI Regulations on Corporate ...
The Impact of SEBI Regulations on Corporate Governance in India has been significant in building transparency, accountability, and...
RBI’s Four Bold Moves to Strengthen Indi...
The Reserve Bank of India has introduced four bold measures to strengthen India’s banking future—improving capital adequacy, promo...
Govt set for up to Rs 2.75 lakh crore bo...
The Indian government is set to receive a record dividend of up to ₹2.75 lakh crore from the RBI, driven by strong gains from dome...
Income Tax Audit Report Due Date
The income tax audit report due date is a critical compliance requirement under Section 44AB of the Income Tax Act. For Assessment...
A Simple Guide to Income Tax Audit Rules...
This guide explains the key aspects of Income Tax Audit 2025, including rules, due dates, and penalties. Businesses with turnover ...
The Impact of Global Tax Reforms on Indi...
Global tax reforms like OECD’s BEPS, global minimum tax, and digital taxation are reshaping how Indian businesses operate. These r...
Why Is Your Income Tax Refund Delayed?
Income tax refund delays are common and usually caused by incorrect bank details, mismatched TDS, unverified ITRs, or pending tax ...
Discover Why Thousands Choose Ready Acco...
Thousands of students and professionals choose Ready Accountant because it offers career-oriented courses like Certified Corporate...
What to Do After Filing Your ITR: A Comp...
Filing your Income Tax Return (ITR) is just the first step; what you do afterward is equally important. After filing, download and...
Income Tax ITR Due Date Extension: What ...
The income tax ITR due date extension is extra time given by the government for filing returns when taxpayers face problems like p...
Top 7 Benefits of Learning Taxation Unde...
Learning taxation under industry professionals gives students and professionals real-world skills, beyond theory. From mastering I...
What Happens If You Miss the ITR Due Dat...
Filing your Income Tax Return (ITR) on time is crucial to avoid penalties and safeguard your financial record. For AY 2025-26, the...
New GST Rates for Cars 2025
The New GST Rates for Cars 2025 under GST 2.0 have reshaped India’s automobile industry with simplified tax slabs of 5%, 18%, and ...
How Global Accounting Standards (IFRS) A...
The adoption of International Financial Reporting Standards (IFRS) is changing the way accounting and finance professionals work i...
Latest GST Rate Changes 2025
The latest GST rate changes 2025 introduced by the GST Council aim to reduce tax burdens, promote digital adoption, and revive key...
Understanding Different ITR Forms and Th...
Filing Income Tax Returns (ITR) requires selecting the correct form based on income type, taxpayer category, and residential statu...
Impact of Inflation on the Indian Rupee
Inflation increases prices of goods and services, reducing the Indian Rupee’s purchasing power. It affects daily life by raising c...
Impact of RBI’s Policy Changes on Accoun...
The Reserve Bank of India (RBI) shapes India’s economy through policies on interest rates, regulations, compliance, and digital pa...
Why Bank Nifty is the Most Volatile Inde...
Bank Nifty, which represents India’s top 12 banking stocks, is considered the most volatile index in India. Its sharp movements ar...
Beyond Payments to Global Financial Inte...
Digital payment platforms like UPI, PayPal, and blockchain have transformed the way people and businesses transact, paving the way...
Is It Good to Take an Educational Loan f...
Educational loans can fund courses like Certified Corporate Accounting, SAP FICO, or Taxation. Pros: Access to quality education, ...
Connection Between Nifty 50 and India’s ...
The Connection Between Nifty 50 and India’s Economic Growth is about how the Nifty 50, a list of India’s top 50 companies on the N...
US Tariffs on India: Impact, Products, R...
US tariffs on India (10–25%) impact textiles, steel, agriculture, pharma, and handicrafts, causing export declines, revenue loss, ...
How the New GST Regime Empowers Consumer...
The new GST regime in India is becoming more consumer-friendly by making bills transparent, removing double taxation, and keeping ...
The 7-Step Audit Process Every Accountin...
The 7-step audit process is a vital skill for accounting students, ensuring financial records are accurate and trustworthy. It inc...
Bank Minimum Balance Charges & Penalties...
Banks charge penalties (plus GST) if you don’t keep the required minimum balance in your account. The rule varies by account type ...
Easy Guide to Understanding Groups in Ta...
Groups in Tally Prime classify ledgers with similar purposes, making accounting, GST, and tax reporting easier. With 28 default gr...
Decoding the Budget 2025
"Decoding the Budget 2025" breaks down the latest Union Budget in simple terms, highlighting key reforms in taxation, infrastructu...
Understanding the Income Tax Bill 2025 i...
The Income Tax Bill 2025, anticipated to be a significant reform in India’s tax system, aims to simplify taxation, reduce burdens,...