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An announced for all the 2.1 lakh dealers in the State and about 28,000 in the capital city of Visakhapatnam, made by the central government to register dealers under the Goods and Services Tax Act (GST), by January 15, 2017.
Chief Economic Advisor Arvind Subramanian is backing up the lower GST rate and still believes that the lower rate would be sufficient for Indian economic context. While having an interview with the imminent news provider Economic Times, the financial official expressed his views on various issues regarding the biggest taxation reform.
No result found! Clear search 1. Overview of Goods and Services Tax (GST) 1. What is Goods and Services Tax(GST)? It is a destination-based tax on the consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous […]
Filling Income Tax returns is our social responsibility. Everyone who is earning a taxable income should contribute some amount by way of taxes for the benefit of the Nation. As per Prime Minister Modi’s “Mann Ki Baat,” it is the responsibility of all assessees to declare Income and deposit tax their own for the benefit of economic growth. […]
There are some basic points which should be always kept in mind while filing an income tax return for the first time. As it is a tedious task and has to do with governmental procedures, so for the sake of the economy and your own liabilities towards the nation, it is the duty of every […]
If you are a salaried person, you must have got your Form 16 from your employer If the total income is more than Rs 5 lakh one has to mandatory go for e-filing. Also, refund of taxes becomes much faster when you opt for e-filing. These days one has various options through which he/she can […]
CBDT has recently made a declaration that August 31 is the last date to settle down the income tax returns for all the taxpayers. These pending ITRs belong to 6 assessment years from 2009-10 to 2014-15, which are due for processing and issue of refunds because of the non-filing of ITR-V acknowledgement form at its collection centre based in Bengaluru.
For a wide variety of purposes, Indians use the Permanent Account Number (PAN) card, which holds substantial importance in every sector. Apart from its major use for filling the tax forms, it is considered an identification document for different grounds. An ample number of people are applying for it because of its rapid prominence over […]
In Today’s taxation world, People are so confused about getting online e-filing. They do not complete the preparation of the papers and many accounting works. As we know there are several taxes applied by the Indian Government as well as income, service, TDS, wealth, etc. So we have to need software, which can e-file several […]
