The much awaited moment of the new year finally arrived. Budget 2018 was presented on the morning of 1st February 2018 accompanied by huge expectations from different class of taxpayers and individuals throughout the country. While a lot of amendments and proposals have been made towards the financial and economic front. What’s in store for the … Read more
Are you looking for latest GST rates in India ? Wondering which tax rate is applicable on various goods ? Want to know the HSN Code for different items ? Here is your answer…Checkout latest GST rates along with HSN codes as highlighted in this really impressive GST Rate Infographic. Indeed a complete guide and … Read more
GST or Goods & Services Tax has been implemented in India from July 1st, 2017 and still there are lots of rumours spreading as the new law is not clear to the common man. It is quite natural to see mixed reactions all around.The simple reason is whenever something changes, its not so easy to … Read more
Advance tax is payable by all the assesses where the Tax payable during the financial year is Rs.10000 or more. For all the assesses, the Advance tax Instalments and Due dates to deposit the same are as follows :- [table id=14 /] So,check for the advance tax date as applicable and don’t forget to deposit … Read more
Due Dates for Income Tax return or ITR filing for various assesses are as follows :- [table id=12 /] *Relevant assessment year refers to the immediately succeeding financial year. Example : If we are filing the Income tax return for F.Y.2015-16 (on the income earned during FY 2015-16),the relevant assessment year shall be 2016-17. These … Read more
TDS Returns or quarterly return statements are required to be furnished by the assesses who have deducted tax at source or TDS. As a Tax deductor, you need to file your TDS returns before the respective due dates in order to avoid any penalty later on. Following are the different TDS forms : [table id=25 … Read more
TDS or Tax deducted at source has to be deposited on timely basis by the assesses.It is the duty of the deductor to deposit the TDS before the due dates.The deductor should have a valid TAN. It is mandatory to deposit TDS online for : All Corporate assesses and Other assesses liable to tax audit … Read more
Checkout Income tax calculator (in Excel) and easily calculate your taxes and pay them on time. Being a common man,calculating your own taxes seems to be a tedious task.Nothing to worry,we are here to help you and simplify things for you . So,next time you think about How to calculate Income tax check our Tax calculator to … Read more
As per the Union Budget 2016 ,there has been no change in the Income tax slab rates for the financial year 2016-17.The Income tax slabs are the same as that of financial year 2015-16. Income tax is calculated on the Taxable income of an assessee as per the Income tax slab rates that are applicable for the … Read more