Chandan Agarwal - Chartered Accountant Kolkata's Blog

  Our prime goal is to earn money. We ourselves most of the time make it strenuous to make this goal a reality. People think sacrificing the luxury of life is the only way of attaining financial freedom. Frankly speaking it's a very cliché  thought. It made sense a century back but not now. Financial freedom is attainable through living a disciplined financial life. One needs to use the tax breaks intelligently which will increase the chances of achieving this goal on time. There are six wonder ways that can help to accelerate your efforts to financial freedom: 1. Thought full tax planning:   Income Tax Laws have many way outs to legally plan and reduce tax liability. Several deductions and exemptions can be availed while filling tax returns.    2. Structure your salary: Usually one gets too stuck on the CTC they are drawing from their organisation. One need to understand that the post tax salary can be increased intelligently structuring the variou...

  If you are an aspiring chartered accountant or want to be one, then this blog is just the right one for you. No doubt a business in nothing without the accounting section. And the main person who rule the accounting department is a charter accountant. They have huge responsibilities like the audit and accounts, taxation, book keeping, financial analysis and updates and many more. How To Proceed? Not all can be chartered accountant. You need to qualify various exams and then be an intern before you finally become a charter accountant. There is a basic difference between the accountant and chartered accountant. On one hand where the accountant needs to keep an eye on the flow of money in the organization. Whereas the chartered accountant has to manage every thing single handed. Chandan Agarwal Kolkata is a reputed chartered accountant who is encouraging candidate to be a CA as more and more businesses are coming up with demands of the CA. Steps To Go One can easily get into t...

  A tax is a compulsory financial charge imposed on a taxpayer by the government to meet out the expenditure of the government and various public services. Not paying the taxes on time, is punishable by the law. It involves both direct and indirect taxes either through money or as its labour equivalent. Many countries have different taxation systems. Some levy a flat percentage rate on annual income of a person but most of the scale taxes are progressive and depends on brackets of annual income amounts. Some countries even charge tax on an individual as well as on corporate income. There are many types of taxes wealth taxes, property taxes, sales taxes, payroll taxes, duties and tariffs etc. Tax-In India In India, taxes are levied by the Central and State Governments by the virtue of its power provided to them by the Constitution of India. Few minor taxes are levied by municipalities as well. But article 265 imposes restrictions on it by stating that “No tax shall be levied or ...

First of all, it is important to understand how to find a qualified chartered accountant for your business. A qualified professional makes everything difference. A chartered accountant can be the key of national entrepreneurship. They have the potential to become the right arm for entrepreneurs as they value and understand the accountant's fundamental role in business success. What services are offered? Chartered accounting offices are generally focused on primary services, such as- on tax, accounting, and payroll. Technology is advancing rapidly and accounting firms can now provide additional services to entrepreneurs. ·          Services in financial management- Its goal is to manage the company's finances. ·          Services for Business Management- The client is aided in their people and strategic management processes ·          Business coaching- To d...

As a business entity your main job is to grow and sustain your business by taking appropriate business decisions. For a sustainable growth and, you must have a control over your growth from financial perspective. Your finance must be sound enough to you so that you have hot the big picture at your command. You must be able to interpret the financial statement of your company. However, you might not understand the intricacies of calculations that derive the results. In fact it is natural for you not to understand all the intricacies as accounting is an entirely a different subject with a completely different framework, and it needs to be handles by the field experts. So, assign the accounting part of your business to an experienced professionals like Chandan Agarwal , who can take care of your tax files, investment and return; and profit and loss and other issues that deserve expert attention. The Way Your Business Gets Benefits of Hiring a Chartered Accountant Ø   If somebody ...

  Whenever we think of CA a.k.a. chartered accountants; we think of cutting or saving tax from our income or company income. We count on CAs when it is time to go for a tax return. But, don’t you think a CA is more than just a tax issues solver? There are more that make us count on CAs. The fact is that a CA is more than a tax issue resolver. If you can use their skills and knowledge properly then you can come by some valuable as well as an informative resource for your personal/organization/company growth. A chartered accountant in Kolkata, Chandan Agarwal is an individual who can assist you in many ways in financial arenas. Benefits Working with a CA You can certainly secure a wide range of services along with advice if you contact such CA from the beginning of your business. When you will start work with a chartered account of repute, you can identify the optimum level of benefits with due respect to your personal and professional necessities. You can experience Peace of mi...

The main job of an entrepreneur is to develop strategies to grow and expand a business and to make profit. He must interpret the financial statement of his company. However, it is not so important for him to understand the intricacies of calculations that derive the results. Accounting, as it is entirely a different subject with a completely different framework, needs a special attention. Therefore it is best to assign the job of accounting to experienced professionals like Chandan Agarwal , who can take care of your tax files, investment and return; and profit and loss. The Way Your Business Gets Benefits of Hiring a Chartered Accountant Ø   You can have more focus on the strategy part of your business while receiving all the necessary inputs from the professional accounting services Ø   Get an objective view about your business and the overall business environment Ø   Saves you from the liabilities like vacancies, bonus etc. of a permanent accountant Ø   It...