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Government Savings Promotion General (Amendment) Rules, 2023

March 31, 2023 3525 Views 0 comment Print

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 31st March, 2023 G.S.R.238(E) — In exercise of the powers conferred by section 15 of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following rules to amend the Government Savings Promotion General Rules, 2018, namely:- 1. These […]

Mahila Samman Savings Certificate, 2023

March 31, 2023 3381 Views 1 comment Print

An application for opening an account under Mahila Samman Savings Certificate, 2023 shall be made by a woman for herself, or by the guardian on behalf of a minor girl to the Account Office in Form – I, on or before the 31st March, 2025.

Quantitative Restrictions imposed on import of Isopropyl Alcohol (IPA)

March 31, 2023 4479 Views 1 comment Print

Based on the final findings of the Authorized Officer i.e., DGTR, vide Notification No. 22/6/2019-DGTR dated 30.09.2021, country-wise Quantitative Restrictions(QR) on import of Isopropyl Alcohol (IPA) have been notified for a period of one year i.e. 2023-24, effective from 01.04.2023 upto 31.03.2024. The Central Government may, however, review the policy and make any changes at […]

Changes in GST Compensation Cess Rate wef 01.04.2023

March 31, 2023 38451 Views 1 comment Print

CBIC further amend notification No. 1/2017-Compensation Cess (Rate), dated 28th June, 2017 vide Notification No. 2/2023-Compensation Cess (Rate) | Dated: 31st March, 2023 to notifies Changes in GST Compensation Cess Rate wef 01.04.2023 MINISTRY OF FINANCE (Department of Revenue) Notification No. 2/2023-Compensation Cess (Rate) | Dated: 31st March, 2023 G.S.R. 253(E).—In exercise of the powers […]

How to Apply for Redressal of Grievances on traces website for deductee’s

March 31, 2023 6363 Views 4 comments Print

Learn how to resolve grievances as a deductor on TRACES website. Follow these steps for resolution, tracking, and online correction. Start now!

Understanding TDS on Property & Rent: Sections 194-IA & 194-IB

March 31, 2023 6402 Views 0 comment Print

Explore essentials of TDS on property transactions (Section 194-IA) & rental income (Section 194-IB) in India. Learn compliance, thresholds, and more.

Understanding the E-Verification Scheme 2021 in India

March 31, 2023 1098 Views 0 comment Print

Explore the E-Verification Scheme 2021 in India, a crucial tool for validating taxpayer data. Understand its objectives, processes, and FAQs for smoother tax compliance. Learn how it enhances transparency, promotes voluntary compliance, and facilitates correction of data, ensuring accurate and efficient tax assessment. Access the Compliance Portal, raise objections, and respond to notices for a seamless experience. Stay informed and compliant with the E-Verification Scheme for a transparent tax regime in India.

TDS/TCS -Tax Deductor’s/Collector’s Guide

March 31, 2023 37623 Views 3 comments Print

Learn about Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in India, when to deduct/collect, compliance, penalties, and more. What is TAN? Find out.

Understanding capital gains on transfer of immovable property

March 31, 2023 6657 Views 0 comment Print

Explore Chapter IV-E of Income Tax Act, 1961, covering Capital Gains. Learn about short-term and long-term capital gains, tax rates, computations, exemptions, deductions, and seller’s tax obligations.

Income from Other Sources (Section 56 to 59)

March 31, 2023 116703 Views 4 comments Print

Explore Income from Other Sources in the Income Tax Act. Learn about taxable receipts, allowable expenses, and disallowable expenses. Stay tax compliant

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