Fresh stories, announcements and offers about Chartered Accountant, Auditor, Accountant, straight from our business.
Kickstart your business journey with a bang! This Black Friday, NPMG & Co. (Chartered Accountants) in New Delhi is offering expert services for new company registration in Delhi and new company setup in India. Get professional assistance and make your business dreams a reality. Contact us today!
Wishing you a harvest of gratitude and abundance on this International Thanksgiving! As you gather with loved ones, remember to stay on top of your tax compliance service with NPMG, New Delhi's trusted chartered accountants.
As we bid farewell to the iconic Dharmendra, NPMG pays tribute to the legendary actor. Remembering his remarkable journey, we're reminded of the importance of registration and compliance. At NPMG, our chartered accountants in New Delhi help businesses register new companies in India and provide GST registration consultant services, ensuring a seamless transition. Let's celebrate Dharmendra's legacy and honor his memory with precision and professionalism.
Transform your business with seamless financial solutions from NPMG & CO. As the best CA in Delhi, we offer expert services in Company Incorporation, GST, Income Tax Return, and Virtual CFO for startups and companies. Our Chartered Accountants provide tailored financial guidance to help you thrive in today's competitive landscape. Visit today and discover how our expertise can propel your growth.
A Hindu Undivided Family (HUF) is not just a tax-saving tool—it’s a legally recognized entity under Indian tax and personal laws. Yet, many hesitate to use it due to misconceptions about its legality. Let’s clear the air! Is HUF Legal? Absolutely! ✅ ✔ Recognized by Law: The concept of HUF is governed by the Hindu Succession Act, 1956, and the Income Tax Act, 1961 grants it a separate tax identity. ✔ Separate Tax Entity: A HUF can have its own PAN, bank account, and file tax returns separately from its members. ✔ Legitimate Tax Planning: Courts have upheld that a HUF, if formed properly with genuine income sources, is a valid way to optimize taxation—not a loophole. ✔ Asset & Wealth Management: HUFs can own property, invest in businesses, and accumulate wealth for future generations. What to Keep in Mind ⚠ A HUF must have a valid source of income—mere tax avoidance isn’t allowed. ⚠ Gifts received above ₹50,000 from non-family members are taxable. ⚠ Income from assets transferred by a member may be clubbed under their income (Section 64 of the IT Act). Final Verdict: HUF is a 100% legal and strategic financial tool when used correctly! Are you leveraging the benefits of HUF for your family’s wealth? Let’s discuss! #HUF #TaxPlanning #WealthManagement #FinancialPlanning #LegalInsights
As of today, February 20, 2025, here are the upcoming tax and compliance due dates in India for the remainder of the month: February 28, 2025 Form 3CEAD Submission: Due date for furnishing the third quarter report for Advance Pricing Agreements (APAs) in Form 3CEAD for the period October to December 2024. Form 26QB Filing: Due date for filing Form 26QB for TDS on property transactions conducted in January 2025. Form 26QC Filing: Due date for filing Form 26QC for TDS on rent payments exceeding ₹50,000 per month for January 2025. Form 26QD Filing: Due date for filing Form 26QD for TDS on certain payments by individuals and HUFs under section 194M for January 2025. Form 24G Submission: Due date for furnishing Form 24G by government offices where TDS/TCS for January 2025 has been paid without the production of a challan. Form 16B, 16C, and 16D Issuance: Due date for issuing TDS certificates in Form 16B (for property transactions), Form 16C (for rent), and Form 16D (for payments under section 194M) for deductions made in January 2025. Please ensure timely compliance to avoid penalties. For more detailed information, refer to the Income Tax Department's official calendar.
*Happy CA Day* to all the dedicated and hardworking Chartered Accountants of India! I am proud to say that our expertise and professionalism are truly appreciated across the globe. On 76th Foundation Day of The Institute of Chartered Accountants of India, let's promise to put our best foot forward in making India an economic superpower. Keep shining!
We're thrilled to share that our firm is now named NPMG & CO. (Formally known as Mohit V Kumar & Co.) This new name better reflects who we are and helps us connect more with you, our valued customers. This change allows us to present ourselves more clearly. Thank you for your ongoing support! Regards Team NPMG
15.06.2024 is the due date to pay your first installment of Advance Tax. Pay on time and avoid interest. Regards CA Mohit Garg
The Income Tax Department has released forms for filing personal Income Tax Returns filing. Don't wait for the deadlines. Plan and file accordingly.
