Goods and Services Tax : जीएसटी अनुपालन करने मे करदाताओं एवं कर विशेषघ्यो...
Income Tax : The Government in its commitment to curb the circulation of black money and widening of tax base has made quoting of PAN compulsor...
Goods and Services Tax : URGENT STEPS NEEDED TO MAKE GST COMPLIANCES EASIER Business community is still not able to cope up with the GST Compliances due ...
Finance : Dear Entrepreneurs this title may sound very odd to you. And why not so when most of the Business gurus, Business Owners, Manage...
Service Tax : The Finance Minister in her maiden budget introduced Sabka Vishwas (Legacy Dispute Resolution) 2019 (LDRS) in order to curb the p...
Normal Service tax rate with effect from 1st June 2015 is 14%. However applicable rate is different for many services which may be subject to fulfillment of some conditions. This is mainly due to material value or non-service element included in total value of these services.
Giving gifts to near and dear ones is very much prevalent in our Indian culture. Generally gifts are given to express love and affection. Sometimes we may also help the needy one by providing some monetary help. However, Gifts can also be good tax planning tools.
Can you answer these questions easily? What is your net worth? How much you have invested in Immovable Property? What is your share holding? What is your loan outstanding? How much have you advanced to your friends and relatives?
We can blame it on abbreviation , but TDS ( Tax Deducted at Source ) rhymes with TEDIOUS, as if reflecting the plight of Tax Payers and Tax practitioners. This is the most convenient way of collecting Income Tax by creating legal obligation on person making certain payments.