Aman Bajaj & Associates

02/10/2021

Here's some clarity!

To shed light & bring clarity once & for all, I went for making this video as I get asked by almost all my clients this very question!......

18/06/2021

I always say this to my friends,
"Regret is a better teacher than Advice!"

I guess this resonates very boldly in my personal finance journey & I am not ashamed to share this with the world!

If you were to add to this list, what would be your mistake which you regret it till date ?

#101 #

13/06/2021

Sunday tweets

25/02/2021

Just FYI!
Food license (FSSAI) is necessary even if you keep water bottles at your shop for retail trade.
Even a newspaper vendor who keeps water bottles on the side is required to obtain the same.
Wine Shop owners need to obtain the food license for the mineral water bottles, finger snacks, etc. in addition to the FL/CL License.

Avoid Penalties, be Proactive in such compliances.

01/12/2020

take note!

08/10/2020

Thought of just giving some to the provision of the Act!

This is for the benefit of the who have a lot of about the new law!

Hope this clears the air!

29/09/2020

Ever come across situations where you're like,
"God I wish I would have done this sooner!"

Facing exactly such scenarios, I decided to make a list of such things regarding finance as my advice to the young crowd hoping that it'll make a difference!

Links to my channel videos:

Beesi: https://youtu.be/8czS6L-6G8Y
Mutual funds: https://youtu.be/q7QhTP5Umns

Youtube channel: www.youtube.com/financewhizkid

15/09/2020

*New Income Tax Compliance*
The Government of India has introduced a new
*Section 206C(1H) of the Income Tax Act, 1961* with regards to “Tax Collection at Source”

Applicable to all sellers of goods whose turnover for the preceeding Financial Years exceeds Rs. 10 Crores rupees.

If during FY 2019-20, turnover was exceeding ₹10 Crores then for FY 2020-21 w.e.f 01.10.2020
this provision will become applicable to such sellers.

*Applicable from 01.10.2020*
1. Every seller who has received any amount as sale consideration above Rs. 50 lakhs has to collect additional 0.075% of bill amount, collect PAN and pay as TCS every month.

2. TCS returns have to be filed just like TDS returns are filed.

3. So everyone is advised to complete accounting for half year till 30.09.2020 and separate parties with whom sale of Rs. 50 lakhs is made.

4. From every sale after 01.10.2020 to such parties levy 0.075% TCS in every bill and keep record of the same

Accordingly sellers will need to add 0.075% to the bill value and deposit with the government.

Let us know if you need any assistance.

13/09/2020

If you've taken a ( or or any) or if you're planning to take any sort of loan, then you must watch this video as I'm sure at some point you'll be facing this

Hope this and the is able to add some to your

Watch the entire video on:

https://youtu.be/w_zpnv5QCwc

07/09/2020

Here’s some free advice 😌

26/08/2020

Spreading some quick tips😁

15/08/2020

Well, Your Finance Whizkid is back with another interesting topic which I’m sure we all have our doubts about...
So what is it? How does it work? Find out here👇🏻

If you have just started visiting your shop or taken some interest in business, I'm pretty sure you might have come across either of the above terms. But do ...