Blogs

The firm, S I G M A C & Co, Chartered Accountants, was founded in 1997. Qualified Auditors, Accountants, and Business and Tax Consultants make up the firm. We are headquartered in Mumbai, India’s financial center, and have operations in Delhi NCR, and Aurangabad. Years of expertise have led to significant […]

S I G M A C & CO, Chartered Accountants was established in 1997. The firm is made up of qualified auditors, accountants, business and tax consultants. We are based in Mumbai, India’s financial capital, and have offices in Delhi NCR and Aurangabad. Years of experience have resulted in considerable growth […]

A Cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Cryptocurrency are decentralized networks based on block chain technology. Cryptocurrency is not issued by any Central Authority, so there is no interference of the Government in their trading. A Cryptocurrency is […]

To boost up the Indian financial economy and to promote foreign investment in startup companies, the government introduces a concept of SAFE Notes in the form of Convertible Notes by amending the Companies Act, 2013 / related rules and Foreign Exchange (Transfer or Issue of Security by a Person Resident outside […]

Finance Act 2022 inserted a new section 194R in the Income-tax Act, 1961 (hereinafter referred to as “the Act”) with effect from 1st July 2022. The new section mandates a person, who is responsible for providing any benefit or perquisite to a resident, to deduct tax at source @ 10% of […]

What is Payroll? Payroll is defined as the process of paying salary to a company’s employees. It starts with preparing a list of employees to be paid and ends with recording those expenses. It’s a tangled process that needs different teams such as payroll, HR and finance to work together. But, businesses […]