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Income tax category offers the audience with complete knowledge of income tax provisions and tax rates in India. Visit here for the latest and trending income tax news, articles, blog and amendments of IT.
A charge of nearly INR 500 crores as a service tax will be paid annually in the consideration of Goods and Service Network by the central government. The previous thought was to obtain this amount from the taxpayers only, but as a good faith, the government decided to pay the service tax itself. GST Network […]
The Tax Department has announced an SMS facility to be provided for the 2.5 crores of taxpayers regarding quarterly Tax Deducted at Source (TDS) deductions. The facility will be offered by the Central Board of Direct Taxes (CBDT).
Indian Government finally took a responsive action towards the tax structure and studying in depth situation of the monetary part of taxes which are accrued annually on a meager basis. The tax authorities are giving a humble credit to all those taxpayers who declare their concealed income.
Is your organisation too suffering from the low employee productivity? There may be hundreds of reasons behind it, but almost all of them are somehow related to the employee’s working device. So it is better to monitor the employee’s computer activity, rather than having an eagle-eye over the employee itself. The proper supervision management will […]
The income tax department has started issuing notices to the merchant navy personnel, seeking them to pay taxes on behalf of the money earned in the duration of work on Indian or foreign vessels. Till date, the merchant navy personnel didn’t pay their taxes in India and enjoyed all the benefits similar to non-resident Indians. The notice started to circulate when the June judgment of an income tax tribunal in Kolkata suggested that the merchant navy personnel are eligible to pay their taxes in India.
People looking to download free TDS return filing software that can easily handle online TDS and TCS filing, along with quick intimation, don’t need to look any further. The solution is Gen TDS software for FY 2024-25, available as a free trial version. This TDS return filing software is designed to file returns by the […]
GST, a new era of indirect taxation law is all set to transform the current indirect taxation system which may propose to become applicable with effect from 1st April 2017. GST system is targeted to be simplified, transparent and efficient.
The automobile Industry is very hopeful with the GST regime as the government is very cautious particularly for this sector. The industry of automobiles is tremendously big which tackles the manufacturing of a very large chunk of cars and bikes every year.
India’s web of telecom industries is world’s second largest wireless market, which includes over a billion of active users. The scales shown by them shows their efforts to become one of the biggest success stories of the country. Work done by these firms literally have revolutionized the lives