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The union budget 2022 has been overall covered by SAG Infotech and our complete team of chartered accountants had come with the basic budget as well as tax-related details from the minute details. The SAG Infotech is dedicated to providing the complete budget news to the assessee and the taxpayers who are concerned with the […]
At Rs 10 lacs the income tax towards one person entails the payment of the income tax of Rs 1,17,000. However, if the planning is done effectively then one does not require to pay the income tax on your income of Rs 10 lakhs. The government so as to surge the savings and furnish the […]
Process for a Recovery Towards the Mismatch in GSTR 1 & 3B The Central Government presented modification to Section 75 (12) of the CGST Rules, 2017 through inserting an illustration so as to retrieve self-assessed tax without having to resort to proceedings u/s 73 or Sec 74 of the CGST Act, 2017. The illustration describes […]
The Union budget for FY23 seems to announce the procedure to diminish the tax litigation, increase compliance by keeping an eye on the transactions in a strict way and does work for the target to draw more companies into the formal sector. Inside the procedure beneath acknowledgment are the changes towards the issue resolution policy […]
Beneath the policy, those assessees who opted for the newer or another tax regime that is presented in budget 2020 AY 2021-22 the initial time on which they needed to furnish the returns. Towards the concern, the salaried assessee poses an option to switch between the 2 tax regimes during the ITR filing. The current […]
Under the GST regime, the coupon discounts furnished via food delivery platforms engaging with Zomato & Swiggy need to face the taxman’s investigation starting from Jan 2022. The problem is about the discounts provided via delivery apps with respect to the specific credit card, debit card, or digital wallet towards doing the payments. People just […]
The GST council and government had released some of the best and exciting amendments and changes to bring forward the most required features to the GST applicability for the common people as well as organizations alike. Some GST amendments in compliance are late fee relaxation, lowering down of provisions doubts and more. You can check […]
Engineering Export Promotion Council (EEPC) of India ask the union government to extend lower corporate tax advantage to the limited Liability Partnerships (LLPs) and proprietary firms, from executing the action this makes the funds available with MSMEs and enhance the private investment cycle. Direct tax professional council seeks towards the diminishing of the tax upon […]
Best Tips to Save Tax Without Investment? The income tax department furnished distinct deductions and privileges to the assessee that would get excluded from the taxable income beneath chapter VI A beneath Section 80 to diminish the tax load. Through the help of investment, you would get the deductions, however, there are indeed some deductions […]
