GST has been considered as one of the most important tax reforms post-independence. India's biggest tax reform is now a reality, as it has been rolled out with effective from 1st July, 2017.Now, its successful implementation at the ground level is what matters the Continue Reading.....
How anyone can prepare GST Returns in Tally ERP.9?
It is very much easy to prepare GST returns in Tally.ERP 9 (simply Tally) because you do not have to actually prepare the returns.You just have to create Sales and Purchase bills and the returns will be created automatically. Yes, it is that easy and Continue Reading.....
How to check PAN Card Validity Status online?
The Income Tax department has recently deactivated as many as 11.44 lakh PAN cards and also identified thousands of fake PAN cards. It has been reported that the deactivated PAN cards violated the principle of one PAN per person, while the fake PAN cards had been Continue Reading.....
Is Lock-in period for Investments applicable on unfortunate demise of the Investor?
We are aware of the fact that certain Investment (or) Saving schemes have a lock-in period. 'Lock-in period' is a common phenomenon especially with popular Tax saving Schemes. These schemes are like PPF, ELSS mutual funds, NSC, 5 year Tax saving Fixed Deposit, Senior Continue Reading.....
GST Registration | Importance, Benefits, Applicability & Registration Procedure
Goods & Services Tax (or) simply GST, has come into effect from 1st July, 2017. It replaces different types of indirect taxes (like VAT, Service Tax, entertainment tax, excise duty etc.,) and henceforth, only GST will be levied on all types of Goods (Products) and Continue Reading.....
Latest TDS Rates Chart for FY 2017-18 / AY 2018-19
We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc.,The providers of these incomes (like your company / bank) can deduct a certain Continue Reading.....
What is GSTIN (Goods and Services Tax Identification Number)? | How to identify GSTIN in your Bills/Receipts?
Goods & Services Tax (or) simply GST, has come into effect from 1st July, 2017. It replaces different types of indirect taxes (like VAT, Service Tax, entertainment tax, excise duty etc.,) and henceforth, only GST will be levied on all types of Goods (Products) and Continue Reading.....
What is Double Taxation Avoidance Agreement (DTAA)? | Is Income earned outside India Taxable?
It is undoubtedly true that the World has become a Global village! Business is becoming increasingly international and multinational companies do business across the world.Many of us do get opportunities to work in different countries. It has also been increasingly Continue Reading.....
When to submit Form 15G / Form 15H? | Details & Clarifications
We receive income through different ways, it can be your Salary, Dividend income from mutual funds or stocks, commission, rent, interest on your Bank Fixed Deposits / Securities etc.,The providers of these incomes (like your company / bank) can deduct a certain Continue Reading.....
Sale of Inherited (or) Gifted Property & Tax implications on Capital Gains
Capital asset typically refers to anything that you own for personal or investment purposes. It includes all kinds of property; movable or immovable, tangible or intangible, fixed or circulating.Examples include a house, land, household furnishings, stocks, bonds Continue Reading.....
