//podcastplus.net/feed/taxes-and-personal-finance~a0bab97a I love to talk about Taxes and Finance Mon, 27 Jul 2026 07:40:07 +0000 https://anchor.fm/s/5500a2a8/podcast/play/38431446/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2021-7-7%2F87082e96-6899-1f2e-702f-18c94e57459e.mp3 7 things you should know if you deal with Amazon, Flipkart, Snapdeal or any other online portal: If you are selling goods through Amazon, Flipkart, Snapdeal or any other online website, then this podcast is for you. We shall discuss seven point which you need to know if you deal online. For the sake of simplicity, we shall use a common name “Amazon” for all online platforms. 1. First Point - GST Registration: You must know that GST Registration is Compulsory if you are selling goods on any online portal irrespective of your turnover. So, even if you are selling goods worth Rs. 100/- through Amazon, you need to get yourself registered under GST. 2. Second Point - TDS Deduction: So, if you are selling goods through Amazon, it will charge you certain amount. It may be commission, listing fee and so on. You get monthly invoices from Amazon. What you need to do is determine the nature of such expense. If it is in the nature of commission, you need to deduct TDS at the rate of 5%. If it is a contrac... Sat, 07 Aug 2021 14:19:29 +0000 https://anchor.fm/s/5500a2a8/podcast/play/38431446/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2021-7-7%2F87082e96-6899-1f2e-702f-18c94e57459e.mp3 https://anchor.fm/s/5500a2a8/podcast/play/36941297/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2021-6-9%2Fc5e8e755-7f6a-d47f-a188-3723ca53ecc9.mp3 Link to Purchase the E-Book: https://www.amazon.in/dp/B098DH1Y57 Current Promotional Price for a limited period: INR 99.00/- What is the Book about? It is a short commentary on International Taxation. It covers basics and practical aspects of the subject. Who should read this Book?  A Chartered Accountant in Practice  A Chartered Accountant in Industry  A Chartered Accountant of any country other than India  A Professional including CS, CWA, CMA, Lawyers  An Indian having business outside India  A person outside India having business in India  Any person having cross-border transactions  Any person wishing to enter the Indian Market  NRIs  Foreign Nationals  MNCs and their Team  A student of a professional course having interest in the subject  Any person having a liking for the subject “Gone are the days of tax planning after implementation of BEPS Measures in the MLI Era”, I heard these words in a speech by an off... Fri, 09 Jul 2021 06:07:56 +0000 https://anchor.fm/s/5500a2a8/podcast/play/36941297/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2021-6-9%2Fc5e8e755-7f6a-d47f-a188-3723ca53ecc9.mp3 https://anchor.fm/s/5500a2a8/podcast/play/36889142/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2021-6-8%2Ff46e1230-6882-d2aa-319d-c7bfe12a59c5.mp3 This podcast is applicable to you only if your turnover in the preceding financial year was more than 10 Crores or if you are dealing with a person whose turnover in the preceding financial year was more than 10 Crores. So, if this is your first year of business, this section will not apply to you as there was no turnover in the preceding financial year. A new section 194Q has been inserted in the Income Tax Act 1961 by the Finance Act 2021. The Heading of the section is “Deduction of tax at source on payment of certain sum for purchase of goods”. In simple words, you need to deduct TDS on your purchases. This section is Effective from 01/07/2021. So, this section applies if you are a Buyer whose turnover in preceding financial year was more than 10 Crores. If You are purchasing Goods from Any Resident Seller Exceeding 50 Lakhs in a year then you need to Deduct TDS @ 0.1% of the purchase value. The words used here are “a resident seller”. This means if the seller is non-resident, 194Q do... Thu, 08 Jul 2021 09:47:15 +0000 https://anchor.fm/s/5500a2a8/podcast/play/36889142/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2021-6-8%2Ff46e1230-6882-d2aa-319d-c7bfe12a59c5.mp3