Forum Posts

• Enterslice Group Group

  • 6 posts
  Posted in the topic Benefits of Filing Income Tax Returns in the forum Services

  September 2, 2021 3:27 AM EDT

  There are following benefits of Filing Income Tax Returns in India

  • Proper Documentation of Financials
  • To Avoid Notice from the Income Tax Authority
  • Carry Forward Losses
  • Income Tax Refund
  • For Speedy Visa Processing

   

   

  Click here to know more - Income Tax Return Filing

• Enterslice Group Group

  • 6 posts
  Posted in the topic Foreign Portfolio Investment in India in the forum Services

  August 21, 2021 3:00 AM EDT

  A foreign portfolio investment (FPI) is a person's investment in securities such as stocks, government bonds, corporate bonds, convertible securities, infrastructure securities, and other financial assets that takes place outside of their home country. Non-residents who invest in these assets are referred to as Foreign Portfolio Investors. Foreign Portfolio Investment is the simplest way for retail investors seeking a quick return and high liquidity to invest in a foreign country's economy.

  Categories of Investment under Foreign Portfolio Investor Registration

  • Category I FPI
  • Category II FPI
  • Category III FPI
• Enterslice Group Group

  • 6 posts
  Posted in the topic Procedure for e- Filing Of TDS Return in India in the forum Services

  August 17, 2021 3:23 AM EDT

  There are following procedure for e- Filing Of TDS Return in India

  1. Start with the input of TDS return filing details in the software or in the return preparation utility and the process it.
  2. Now select an option for the uploading of the TDS return for e-filing to the e-filing portal of the income tax department. This shall then generate a ZIP file for you of your processed TDS return. Save it.
  3. Go to the DSC management utility and select the bulk upload for the option. Attach your ZIP file to this and then put your TAN and PAN. Next, pick the DSC option which will be either “.pfx” or the USB token file. Then just select your DSC certificate and then generate a DSC file and then save it.
  4. Again log on to the income tax department portal your tax deductor or the collector id and then select the tab saying “upload TDS return”  give all the required details and then click on the submit button.
  5. Finally, after all this, A token number will be generated that can be checked from the option saying “view filed a return” on the website of e-filing. And here your TDS return e-filing process is complete.

  This post was edited by Enterslice Group Group at August 17, 2021 3:23 AM EDT
• Enterslice Group Group

  • 6 posts
  Posted in the topic VIRTUAL CFO Services in India in the forum Services

  August 7, 2021 3:17 AM EDT

  Virtual CFO services are designed to help organizations bridge the skills gap in their organization that demands high-level financial guidance but does not require an in-house CFO. The issue, therefore, becomes, why engage a virtual CFO when you can have an in-house CFO? The reason is that an in-house CFO requires full-time compensation, which is only a fraction of the cost. However, virtual CFO services are not long-term contracts, and you must just pay for the services and time spent. Furthermore, unlike an in-house CFO, virtual CFO services do not necessitate the utilization of additional office space.

  Virtual CFO services offer services such as:

  ü Financial advisory
  ü Accounting functions of the organization
  ü Compliances of the various acts applicable
  ü Corporate governance
  ü Oversight of financial plans.

• Enterslice Group Group

  • 6 posts
  Posted in the topic Payment Bank License in India in the forum Services

  July 29, 2021 2:23 AM EDT

  Payment Bank License is important to obtain in order to open a payment bank in India. Payment banks are a source of payment gateways that allow users to complete money transactions without using cash. Reserve Bank of India issues payment bank licences under Section 22 of the Banking Regulation Act, 1949.

  Eligibilities to get a Payment Bank License

  • Individuals/Professionals.
  • Supermarket Chains.
  • Companies.
  • Mobile Telephone Companies.
  • Public Sector Units.
  • Real-Estate sector Co-operatives.
  • Non-Banking Financial Company (NBFC).
  • Corporate Business Correspondents.
  • Surviving and prevailing non-bank pre-paid payment instrument issuers, certified under the Payment and Settlement Systems Act, 2007.