Thursday, October 22, 2020
Tcs Under Gst

Tax Collected at Source (TCS) under Good and Service Tax System (GST)

Latest Update as on 18 April 2020 According to the GST law, the e-commerce business owners are not permitted to get TCS enlistment in certain...

Income Tax Challan – ITNS 280, ITNS 281, ITNS 282, ITNS 286, ITNS 287,...

Article Context: What is Tax? What is Income Tax Challan? Challan - ITNS 280 Challan - ITNS 281 Challan - ITNS 282 Challan -...
tcs tax

Tax Collected at Source ( TCS ) – Payment, Exemption & Rates of TCS...

In the recent amendments in Finance Act 2020, a new provision under Section 206C (1H) was introduced for the TCS Tax (Tax Collected at...
Tax Exempt Interest

Tax-Exempt Interest – Know About What Is Tax Exempt Interest?

As the name suggests, tax-exempt interest is an interest income that is not considered taxable under the Indian Income Tax. In some cases, there...
changes in income tax rule

Income Tax New Rules – Changes In Income Tax Rules

Finance Minister Nirmala Sitharaman had earlier in March 2020 also announced various reliefs related to GST and income tax to all taxpayers. But now...
Income Tax Calendar

Income Tax Calendar – Income Tax Calendar For the the FY 2019-20

Article Content: What is Income Tax Calendar? What's more to know? income tax department calendar essential dates What is Income Tax Calendar? Income tax is a...
Financial Year

Financial Year – Latest News, Meaning of The Assessment Year and Financial Year

Every public and private companies manage their accounts and balance sheets and in the case of public companies, they need to report their profit...
Income Tax for Non-Resident Indian

Income Tax for Non-Resident Indian (NRI) – Taxable Income – Exemption

Taxation is an essential aspect of government revenue. The tax department imposes several taxes like Income Tax, Capital Gain, Service Tax, TDS, etc and...
Advance Tax

Advance Tax – Payment Process, Penalties, & Calculation of Advance Tax

As an Indian citizen if your income exceeds the basic exemption limit then an Individual, Business, Profession, etc need to pay tax under the...
Tax Credit

Tax Credit – How to Calculate Tax Credit?

The tax credit is a sum of money that an individual can subtract from the total payable tax to offset his liability If the...