Significance of Gross Profit Ratio

Introduction In today’s competitive financial market, every business owner, startup creator, and investor must...

How to calculate the Quick ratio

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Significance of the current ratio

Significance of the current ratio Significance of the current ratio – A company maintains some amount of inventory...

How to calculate the current ratio?

In this post you will learn how to calculate the current ratio – step by step. The current ratio is a widely known...

Advantages & Limitations of Ratio Analysis

Sharda Associates offers professional financial consulting, project reports, and business advising services to help...

What Is Section 15 of the Income Tax Act?

Sharda Associates offers experienced assistance for income tax filing, project reports, GST services, business...

Amendment in tax laws from 1st April 2021

Amendment in tax laws Amendment in tax laws – The Income Tax Act of 1961 is a law that governs the levy...

Differences between Section 80DD, Section 80DDB and Section 80U

The Income Tax Act of 1961 (IT Act, 1961) grants different tax incentives to mitigate the tax obligation when expenses...

What is Section 80DDB? Eligibility, Deduction Limit, Diseases Covered & Tax Benefits

Resident individual taxpayers and Hindu Undivided Families (HUFs) may deduct medical costs for the treatment of certain...

What is Section 80U? Eligibility, Deduction Limit, Documents & Tax Benefits

A resident with a documented disability may deduct a fixed amount from their taxable income under Section 80U of the...

What Is Partnership at Will? Meaning, Features, Registration, Advantages & Dissolution

A Partnership at Will is a partnership firm that has no fixed duration and no predetermined method of dissolution...

Useful Income Tax Deductions to Save Taxes in India: Complete Guide

By claiming qualified investments, costs, and financial commitments under the Income Tax Act, taxpayers can legitimately...

When Is an E-Way Bill Not Mandatory? GST Rules Explained

Sharda Associates assists entrepreneurs in creating CA-certified, bank-ready financial projections, DPRs, CMA data, and...

What is an E-way bill?

Sharda Associates provides professional support with GST registration, E-Way Bill creation, GST return filing, tax...

E-Invoicing Under GST: Applicability, Rules & Process

Issuing an invoice that appears to be legitimate but was never reported to the Invoice Registration Portal can render...

How to save tax on capital gain?

By Sharda Associates  Managing capital gain tax calculations, exemption claims, and documentation can be confusing for...

How to file ITR-5

By Sharda Associates Filing your income tax return might feel like solving a hard puzzle, especially if you manage a...

What is Section 234A?

Sharda Associates provides professional help with income tax filing, late return compliance, tax notices, documentation...

What is Rent Free Accommodation (RFA)

Rent Free Accommodation (RFA) is a taxable benefit offered by an employer to an employee as part of their wage package...

Income Tax for Self-Employed in India

Being self-employed provides you with flexibility and control, but it also requires you to calculate, pay, and file your...

Is SCSS Still the Best Guaranteed Income Option for Retirees

Choosing the right retirement instrument is just as important as picking the right tax framework around it — and most...

Union Budget 2026-27 Highlights Key Announcements for Taxpayers & MSMEs

Every Union Budget delivers changes that silently affect your tax return, business loan eligibility, or compliance...

Section 80CCG of Income Tax Act

Tax-saving sections change over time, and relying on obsolete information when planning your investments may result in...

How to Calculate TDS on Salary: Step-by-Step Guide

TDS on salary is not deducted at one fixed percentage. The employer first estimates the employee’s total taxable income...

Accounting Services That A Small Business Should Have

Running a small business in India requires more than just selling and operating. Accounting services for small...

What is a CMA Report? Meaning, Format, and Why Your Bank Needs It

You’ve probably heard of the term “CMA Report” if you’ve ever asked for a term loan, working...

Faceless Tax Assessment in India: Process and Notice

A faceless tax assessment allows the Income Tax Department to examine a taxpayer’s return, income, and supporting...

What Is PMEGP? Eligibility, Subsidy and Loan Process

MEGP can help eligible entrepreneurs start a new manufacturing or service business with bank finance and government...

What Is CIBIL Score? Meaning, Range and Loan Impact

A CIBIL score helps a bank understand how responsibly you have managed loans and credit cards in the past. It is one of...

Types of GST: CGST, SGST, IGST & UTGST Explained

Charging the correct type of GST is important for every registered business. Whether an invoice should contain CGST and...