Introduction E-filing of income tax return properly and on time is a critical requirement for professionals in India. Doctors, attorneys, and consultants who work in specialized sectors must be familiar with the tax legislation that apply to their professions. This blog offers a thorough overview of the important tax factors professionals in India should consider … Read more
Employee Provident Fund is a famous saving scheme operated by the Indian Government for salaried individuals. This scheme is aimed to flourish retirement savings for all Indian employees. Precisely, it is a corpus of funds, regulated by contributions of employee & employer. The contributions will regularly be made, mostly monthly by both parties. The contribution … Read more
Sukanya Samriddhi Yojana is a govt scheme for the girl Child however very few people know that sukanya samriddhi account can be opened in post office as well. We discuss about Post office Sukanya Samriddhi Yojana Scheme Details, how to open an account and tax benefits in this blog. Gender discrimination is one of the … Read more
Do you earn commission or brokerage income in India? Or are you the one paying it? Anyways, through this post, you’ll become aware of TDS on commission or Brokerage as defined under Section 194H of Income Tax Act India. TDS or Tax deducted at Source In India we have a very strict tax regime wherein … Read more
In India there are different heads of income; viz., income from Salary, House property, Capital gain, Business & Profession and Income from other sources. Today we are here to discuss only a small part i.e. Interest Income of one of the head of income i.e. “Income from other sources”. You’ll learn about Taxation on Interest … Read more
In India retirement age is above 60 years in many of the statutory and compliance documents. And the people who have crossed this age are called senior citizens under Indian statue. A Senior citizen might not have a great advantage in physical sense due to their growing age. But, under Indian tax regime it’s like … Read more
Budget 2018 stated no change in the Income tax slab rates for the financial year 2018-19 (assessment year 2019-20) and What does this imply? This means the Income tax slabs remain similar to those in the financial year 2017-18. So, we thought of highlighting the tax rates as applicable to individuals below 60 years, for senior … Read more
Through this blog we shall make you familiar with TDS on Rent under Section 194I of The Income Tax Act. Budget 2017 has brought certain important amendments to the provisions related to TDS on rent, we shall highlight the same as well. Rent is a crucial component of the monthly budget for majority of us.Right … Read more
Through this blog, we shall make you familiar to some of the Best GST Accounting Software in India. In order to become GST compliant, you need a good and reliable GST Software to cater to all your accounting and other business needs. GST or Goods and Services Tax has been a historic move in the … Read more
Thinking to select the Best GST Software for your Business in India ? Looking for the list of Best GST Software in India to choose from ? But,confused hearing about the bundle of GST Software all around.Don’t worry, you have landed at the right place where you shall become familiar with some popular as well as … Read more