Mentoring Session on Basics of Taxation & Compliances
"Non Compliance is costlier than compliance"
CII(Confederation of Indian Industries), YI(Young Indians) and AIC-RNTU(supported by Atal Innovation Mission, NITI Aayog) successfully organized the Mentoring Session of Dream Startup Challenge 2019-20. The session was taken by Mr. Nandan Narula - Chartered Accountant & Managing Partner, MNB & CO. on the topic "Basics Of Taxation & Compliances" on 3rd January 2020 at CII Office.
The session covered the Income Tax Act, Company Act, LLP Act, Goods & Services Tax. It also threw light on various terminologies like PAT (Profit After Tax), PBT (Profit Before Tax), EBITDA, Direct & Indirect Tax etc and also highlighted various benefits under different sections (like section 56 (2)(viib), 80IAC, 54EE) for Startups. The session was attended by 18 shortlisted Startups.
Date and Venue:03 January 2020 - CII Office, ISBT, BHopal
Key Speaker: Mr. Nandan Narula
Organizers/Co-Organizers: CII, Yi, AIC-RNTU Foundation