Namita Gad

FCFO 📚| Tax & Finance - Startup Advisor👩🏻‍💻 | Mentor | Adventurous ⛷| Yoga 🧘‍♀️ | Number Cruncher 🔢 | Nature Lover 🌈

[Namita Gad @namitagad]

As a FCFO for the startups, I anytime prefer @QuickBooks @Xero @Zoho but can't admire enough how @tallysolutions works without touching the mouse/touchpad.

[Namita Gad @namitagad]

This may also result in corporate structures becoming more complex, and contracts tricky, just to manage tax implications.

[Namita Gad @namitagad]

🌍 Digital Taxes & Trade Wars: What Global Companies Need to Know

🇮🇳 India
Introduced Equalisation Levy (“Google Tax”) in 2016 → 6% on digital ad payments to foreign entities.
Abolished from 1 April 2025 to ease international pressure.

[Namita Gad @namitagad]

Global trade tensions are increasingly influencing tax policies. For companies, this creates uncertainty in contract costing, hiring, budgets, and strategic planning. Corporates have to factor in evolving international tax rules when operating globally.

[Namita Gad @namitagad]

@audiencon storytelling

[Namita Gad @namitagad]

@ankurnagpal This is true for every country. You save not just on direct taxes but all the input tax credits in HST/GST as well.

[Namita Gad @namitagad]

@_kinjalbshah Can help. We have advised many crypto companies (including Unicorn) and crypto users as well

[Namita Gad @namitagad]

What shall a director/designated partner having DIN/DPIN, but not holding any directorship/partnership do, if he wants to get free from such compliances?

[Namita Gad @namitagad]

The due date for Filing DIR-3 (KYC of Directors) is approaching and will have to be filed by every director having a valid DIN as on 31st of March 2022. Non-filing will attract penalty of Rs.5,000.

[Namita Gad @namitagad]

@traderfromche @itsAdityaT Broker while opening a demat account would ask for MoA to check if company is authorised to conduct the trading activities

[Namita Gad @namitagad]

@itsAdityaT Private limited brings its own maintenance cost as well. Its not suitable for everyone and cost of non-compliances are huge these days. You have to be disciplined in filing TDS, INcome Tax, RoC forms regularly

[Namita Gad @namitagad]

@traderfromche @itsAdityaT Yeah. Its true. You need a RBI license if more than 50% of your assets are financial in nature

[Namita Gad @namitagad]

@rajshamani push yourself and do what you are supposed to do for 20seconds

[Namita Gad @namitagad]

@rohitjain2021 Yes unless they contribute to businesses beyond compliances

[Namita Gad @namitagad]

@abhishek_n Also one should see the client portfolio, that is a signal of one's expertise/reach.

[Namita Gad @namitagad]

@abhishek_n IMO while enquiring about the services offered by a CA, one should talk more abt the business than compliances. Business understanding is more critical these days due to its complexity. One can assume that CA is good with compliances if s(he) is able to share inputs on business.

[Namita Gad @namitagad]

@Ravisutanjani It’s not just fintech even government authorities. The moment you incorporate the company/LLP, your mailbox will be filled with emails from banks, CS, domain and what not. And you will keep receiving spam calls.

[Namita Gad @namitagad]

@BeingPractical It was always legal but keeping it under a residual category with flat taxation, they show a lack of understanding about the crypto. If they make it taxable at highest rate then people will find a jugad to move it outside the country which is not difficult due to its nature