2019-06-21 14:00
Annual Return Date Extended
The Council additionally adopted a two-year expansion of National Anti-profiteering Authority.
Sitharaman, who won over as Finance Minister last month, led over t… Read More
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2017-02-07 11:55
Concept of Supply under GST
The basis of charge of GST is the supply. So the concept of supply needs to be clear in order to determine the applicability of GST.
In general, supply for GST pu… Read More
2017-02-07 11:49
The present government has put the much-awaited GST law in effect to ensure the nationwide uniformity of taxation laws under one regime. This helps in making the taxation process simplified… Read More
2017-02-07 11:33
GST aka Goods and Service Tax is like a new kid on the block. Everyone wants to know it, but no one is getting it. So let’s try to get to know it bit better. It all begins. In 20… Read More
2016-09-22 05:45
Change in Income Tax rates may either encourage or discourage individuals to invest and work more/less. It is also related with economic growth of the country. If taxes are high, it will def… Read More
2016-09-22 05:36
Goods and Services Tax (GST), aims at minimizing tax exemptions with better results. GST is one tax rate policy in overall India. Presently, Centre has 250 exempted items approximately under… Read More
2016-09-20 07:10
About 11.5 million papers shining a light on how some of the world’s richest hid billions of dollars to avoid tax were leaked containing information about the black dealings last year… Read More
2016-09-20 06:22
Introduction: Income Tax Deduction is a way of reducing the total amount of taxable income of an individual or a company i.e. the taxpayers, though this is dependent upon the type of tax ben… Read More
2016-09-19 05:28
With the Income Tax Department discovering Rs. 43,000 crore of undisclosed income in the last two fiscal years and the problem of black money still prevalent in India, the Ministry of Financ… Read More
2016-09-15 12:19
At the end of each financial year, an assess finds himself with huge taxes on taxable income and make tax investments in a hurry. However, if an individual from the very beginning goes… Read More
2016-09-15 09:01
With the GST passed in the parliament, it brings a sense of fresh beginnings for the industry. Hoping to build a India into one common market, free movement and supply of goods in the countr… Read More
2016-09-05 13:52
The roll out of the much awaited GST bill recently brought out a new wave of collective initiative recently. The GST bill, being historic in its own sense, will provide a much awaited ease o… Read More
2016-09-05 13:39
Simplicity over complexity’, seemed to be the motto of Hon’ble Union Finance Minister Arun Jaitley, while introducing the much in debate GST bill. And it is for the common man of… Read More
2016-09-05 13:31
India has second highest rate of shadow economy in the world. It is that part of economy involving goods and services which are paid in cash but have not been declared for the payment of ta… Read More
2016-07-14 07:00
It has been made mandatory now for the individual taxpayers to include their income earned from interest on bank deposits in their tax returns while Income Tax Return Filing. Taxpa… Read More
2016-07-14 06:37
What are Mutual Funds?
These are the funds which collect funds from the public and invest in securities or bonds. These bonds help the investors earn interest.
Classification of Mutual Funds… Read More
2016-07-14 05:50
Under the Income Tax Act 1961, a taxpayer can save taxes legally by claiming the deductions under various sections at the time of filing their income tax returns. It is available for all cl… Read More
2016-07-14 05:47
Section 80C is basically used for claiming Income Tax Deductions. This section can be used to claim the deduction for all categories of taxpayers and the maximum amount that can be claimed f… Read More
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