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BEIJING: IMF yesterday, said structural betterments that include GST and the other land reform zones will be the prominent factors to amplify the economic potentials of India.
After the completion of the Chartered Accountant course, the aspirants can become either employed in a firm as an employee or can start their own private practice. If you want to start up your own business, then firstly you need to learn about the important terms and conditions of Business. Before getting started, the first things […]
For all those who haven’t paid their previous year returns and remain unclear with the old dues, they are to be informed that only a single day is left for them to avoid the penalty of Rs. 5000. The IT department has given notices to the tax non-filers who are unaware of filing their previous […]
1. Section 192(A) – Payment of an accumulated balance of PF due to an employee. The threshold limit increased to Rs. 50,000 from the prior limit Rs. 30,000 for the purpose of deducting TDS. Means, no TDS applicable if PF withdrawal amount is less than Rs 50,000. 2. Section 194BB – Wining from Horse Race, […]
The Union Budget 2022 is closing near day by day as the budget will be presented on February 1, 2022, by the FM, Nirmala Sitharaman. The mango people have many more expectations from this budget. Therefore, we come with seven common expectations from the mango man. Interest Deduction on Self-occupied House Presently the Section 24B […]
The Indian Finance Minister Mr. Arun Jaitley said, the government will roll-out new taxation regime, GST by just making “certainly” double efforts in 2016 and he is in “continuous touch” with opposition party to coax them to cooperate.
The Finance Minister Arun Jaitley had considered the decision of the Government to legalize a new law on black money. This law will specifically deal with black money that is stashed away abroad. The Arun Jaitley has also promised to introduce the new bill in the current session of the Parliament. In order to the […]
The ICAI has released an important announcement for the Chartered Accountant that the CAs could not mention any other non-acquired designations apart from CA on visiting cards. This decision has been made because the members of ICAI has mentioned various other designations on their visiting card like tax consultant, income tax officer, Company Secretary, CPA, […]
TDS or Tax deducted at source is a Tax collection mode. It is a definite percentage of the payment or income earned by an individual. The deducted amount goes to the government account which is utilized for the growth of the company. Filing tax is a mandatory job and must be carried out periodically or […]
