U.S. to Levy 3.5% Excise Tax on Outward Remittances
A new tax bill by the House of Republicans proposes a 3.5% excise tax on all outbound remittances made by non-U.S. citizens, including H-1B, L-1, and F-1 visa holders. It’s currently pending Senate approval, but if passed, could become law by 1 January 2026.
California wildfire tax relief; various deadlines postponed to Oct 15​​
BLOG POSTS California wildfire tax relief; various deadlines postponed to Oct 15 By Ventura Pranas | 14/01/2025 Table of Contents The IRS has announced that individuals and businesses in southern California affected by the recent wildfires are eligible for tax relief. The affected parties now have until October 15, 2025 to file their taxes. Who […]
2nd Trichy Office Inauguration
BLOG POSTS 2nd Trichy Office Inauguration By Ventura Pranas 13/1/2025 As we properly settle into the new year, I’m proud to announce that we have just held our official inauguration of our second office in Trichy on 9th January. With my family members, management team, team leads and the entire Trichy crew in the audience, […]
A prayer mourning the loss of a loved oneÂ
If you are an animal lover or have had a pet, you will relate to this post. November 2024 marked a bittersweet month in my life. It was the month Ventura Pranas my Entrepreneurial Baby turned 13 years old, it was also the month that we lost our dear pet dog Percy who was also […]
Union Budget Post 2: The impact of Budget 2024 on Capital Gains (post 2)
Starting this month, we will provide insights from Union Budget 2024, as a response to the many requests on the topic by our clients. This is one of the posts in a multiple series of posts: As can be seen from the slide, this article focuses on the period of holding concerning the Capital gains, […]
Union Budget -post 1:The impact of the Budget 2024 on Capital Gains
Starting this month, we will provide insights from Union Budget 2024, as a response to the many requests on the topic by our clients. This is the first post in a multiple series of posts: The impact of the Budget 2024 on Capital Gains. •Four step process aimed at rationalizing and simplifying capital gains tax […]
Team bonding
We at Ventura Pranas ensure that all teams get away on mini trips twice a year and my own team of directs and I get to do the same.We use this trip to spend time together doing fun things together, we also set aside time to examine the state of business, and where we wish […]
All work and no play makes Jack a dull boy
At Ventura Pranas, we take this proverb all too seriously. For the first time in our 14 years of experience, we introduced a Cricket Tournament. But first some history on how it came about. I recently lost my Brother-in-law, K Arunkumar. He was an exceptional cricketeer but also very understated. It was not until his […]
BOI- Beneficial Ownership Information -post 5
BLOG POSTS Beneficial Ownership Information Series- Post 8 By Ventura Pranas 22/10/2024 Starting this month, we at VP, will elucidate the components of the BOI -Beneficial Ownership Information (that is to be filed by small entities, to safeguard not only the commercial interest, but also economic safety). This post is in continuation of the earlier […]
BOI- Beneficial Ownership Information -post 4
BLOG POSTS Beneficial Ownership Information Series- Post 4 By Ventura Pranas 24/09/24 Starting this month, we at VP, will elucidate the components of the BOI -Beneficial Ownership Information (that is to be filed by small entities, to safeguard not only the commercial interest, but also economic safety). This post is in continuation of the earlier […]
