"Hi, thanks for checking out my profile! I am a Multi-skilled professional with experience in the field of Accounting, Tax filings, Audit, Company Registrations, Tax Registrations, Other Statutory Compliance. "
There are many changes in the tax rules effective 1st April 2022, Out of which I am going to discuss are New tax rules on EPF Interest, Taxation of Virtual Digital Assets, Filing of Updated IT Return and Tax relief on Covid-19 treatment expenses and compensation. 1. New tax rules on EPF Interest: Effective April 1, […]
Here’s all you need to know about the Relief when salary, etc. is paid in arrears or in advance: There are cases wherein an employee, may get salary arrears in the current year, for any past year/s due to pay revision. And when this additional arrear is added with the current year’s income, the tax […]
Where the taxpayer is living in his or her own house or, if one does not pay rent for one’s accommodation, then the HRA is fully taxable (i.e., the individual cannot claim the HRA exemption according to Section 10(13A)
Learn how to link PAN with Aadhaar in the new e-filing portal and understand the benefits and applicability of filing income tax returns.
Purchase of Electric Vehicle – Tax benefits (Section 80EEB) and many more advantages!! Planning to buy a car in the future? How about an Electric car or E-scooter, they are set to be the norm. Thinking about how is it going to benefit the average consumer? Read on… Most of us don’t own electric cars, […]
All you need to know about the new rules in TDS/TCS, effective from July 01, 2021 The FINANCE ACT 2021 has introduced two new changes in rules relating to Tax deducted at source (TDS) or Tax collected at source (TCS). A. Higher TDS/TCS rate for non-filer of income-tax returns. Until now, a higher TDS rate […]
