Wondering how to write the market analysis section of a business plan? Don’t worry, you have come to the right place. In this article, we will tell you how to write an effective market analysis section in your business plan that will help your investor and readers to understand you business better. Market analysis is the section where you will talk about the target … [Read more...] about How to write market analysis section of a Business Plan
How to write products or services section of a business plan
Products or services section of a business plan describe what the entity is selling to make money. Value that the products or services provide to the customers or clients is also included in this section of business plan. In business plan, this section is included after the market analysis section. In this post, we will tell you how effectively you can write the products … [Read more...] about How to write products or services section of a business plan
How to write marketing and sales strategy for your business plan
The marketing and sales strategy section of your business plan should clearly outline how you are going to get your customers from the market to buy products or services to ultimately get more sales. The main goal of writing this section is to tell your readers how the company's long-term approach in selling products and services will be successful and continue to … [Read more...] about How to write marketing and sales strategy for your business plan
How to write company overview section in a business plan
In a business plan, the main crucial part is writing about company’s history to let investor, banker, financial institution and other readers know how you started your business and what is your idea behind it. Company overview section provides a brief history of your business. Therefore, it’s also known as company summary, history or description. Company overview section … [Read more...] about How to write company overview section in a business plan
Tax Deduction on medical expenses of handicapped dependent with disability – Section 80DD
Government has specified certain investments and expenses as tax deductible while calculating income tax liability of an individual. Anyone fulfilling these specified criteria can take benefit of tax deductions. Medical expenses of handicapped depended is one of such expenses which is allowed as a income tax deduction under section 80DD of income tax act 1961 . It's … [Read more...] about Tax Deduction on medical expenses of handicapped dependent with disability – Section 80DD
Tax deduction on royalty income of book authors – Section 80QQB
An individual who is resident in India and is an author of a book is eligible for tax deduction under section 80QQB of the Income Tax Act, 1961. To get eligible, royalty income should have been incurred from a book which should be a work of literary, artistic or scientific nature. This means, author of other types of books which are not literary, artistic or scientific … [Read more...] about Tax deduction on royalty income of book authors – Section 80QQB
Tax deduction for interest on deposits in savings account-Section 80TTA
Section 80TTA was introduced to the Income tax act, 1961, with effect from the assessment year 2013-14. As per Section 80TTA of the Income tax act, 1961, an individual can claim tax deduction up to 10,000 rupees in aggregate in respect of any income incurred by way of interest on deposits in a savings account. As the section is silent on the residential status of the … [Read more...] about Tax deduction for interest on deposits in savings account-Section 80TTA
Income tax deduction on house rent-Section 80GG
An individual can claim tax deduction under section 80GG of the Income tax act, 1961, for house rent paid during the financial year. Section 80GG has specified certain conditions to get eligible for tax deduction. In this article we will discuss who can claim tax deduction for house rent payments, amount of deduction and How to claim tax deduction under section 80GG. Who … [Read more...] about Income tax deduction on house rent-Section 80GG
ROC and tax filing due dates for a Limited Liability Partnership – LLP
Subsequent to incorporation, a Limited Liability Partnership or LLP is required to file its annual return, statement of accounts and income tax return with government to comply with law. Irrespective of business and turnover, Limited Liability Partnership firm is required to comply with the statutory requirement such as filing of Annual Return, Balance Sheet, Profit and loss … [Read more...] about ROC and tax filing due dates for a Limited Liability Partnership – LLP
What is dividend capture strategy and how it works
In our earlier article, we have discussed the traditional approach known as dividend investing strategy, in which a dividend investor buys and holds stocks to generate passive income for a long period of time. When some traders as a part of their trading strategy, buy and sell shares just to capture the dividend the stock pays, its known as dividend capture strategy. To … [Read more...] about What is dividend capture strategy and how it works