A Few Words
Industry
A EXCLUSIVE BLEND OF PASSION AND PROFESSION
BLOGS
Direct Taxes
BUDGET KEY HIGHLIGHTS
Date : 03-02-2023
Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget 2023, the fifth budget of Modi 2.0In a big boost for taxpayers and economy, Sitharaman announced major changes in tax slabs under the new tax regime and big hike in allocation for railways and capital expenditure.
TDS U/S 194R
Date : 23-06-2022
This section mandates a person, who is responsible for providing any benefit or perquisite to a resident, to deduct TDS @ IO%. The benefit or perquisite should arise either from business, or profession, by such resident.
REQUIREMENT TO FILE ITR
Date : 18-06-2022
The government requires people to file income tax returns (ITRs) to get information about their income and to check if income tax has been correctly paid on it. Are you unsure whether you should file your ITR?
TAX BENEFIT ON EV
Date : 01-06-2022
EVs are not only better for the environment, they are also more efficient than traditional gasoline-powered vehicles. EVs are not only cost-effective, they also have tax advantages in India.
BENEFITS OF FILING ITR
Date : 31-05-2022
An Income tax return (ITR) is an information about your income, expense and tax which is submitted to the Income Tax Department.There are the various ways in which filing as ITR can benefit you.
Indirect Taxes
GST BLOCKED CREDIT
Date : 01-05-2023
Block credit is one of the most important provision to understand for every regular taxpayer under GST. Here in this article we are going to give you the list of purchases on which GST is paid but businesses cannot claim these as the Input Tax Credit (ITC).
GST REGISTRATION
Date : 16-06-2022
Are you trying to register your business under GST in India? Wondering what kind of documents you must submit for GST registration. Here you will know about the documents needed for the GST registration.
COMPOSITION SCHEME
Date : 11-06-2022
Composition Scheme is a simple and easy scheme under GST for taxpayers. It is ideal for small businesses. Small taxpayers can get avoid of endless and complex GST formalities and pay GST at a fixed rate of turnover.
BASICS OF GST
Date : 08-06-2022
‘One Nation, One Tax, One Market’ GST is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. It is levied on the supply of certain goods and services in India.
