View Full Profile
Finance Act, 2021 inserted two sections 206AB - tax deduction and 206CCA - tax collection which came into effect from 1 July, 2021. These sections were amended through the Finance Act, 2022.
Professional tax is a tax levied on persons earning income either by way of practicing profession, employment, trade etc. It is levied by the State Government or the Union Territory and not by the Central Government.
Every salaried person as per labour law is entitled to a minimum number of paid leave every year. However, it is not necessary that an individual employee utilises all the leave he is entitled for a year. In fact, most employers allow the employees an option of carrying forward such unutilised paid leaves.
Due Date Compliance Calendar - May 2022
India's largest IPO,"LIC" is all set to open next week i.e. from May 4 and will close on May 9. It is planning to raise Rs. 21,000 crore through the IPO. And also, there is a special discount on the offer price exclusively for the policyholders! Read on to know more about it.
An employee has a pension fund when employed with an organisation. If there is a change of employment from one organisation to another organisation, the employee can carry forward the same account for pension.
Foreign Exchange Transactions can only be done with prior approval of the RBI. However, there are few foreign exchange transactions which can be done without obtaining prior approval. Such transactions are discussed in this article.
If you are unsure about whether you are required to file an income tax return, then this article will help you get clarity. Read on to know more about it.
Tally Accounting is financial software that helps in business financial purposes. It is used for recording the daily business data of a particular company. The name of the business solution is derived from the word “tally", which means to count and keep the record.
The Public Provident Fund (PPF) account is a very popular, long-term investment and savings product. Individuals investing in the account can avail tax benefits as well. A PPF account can be opened at post offices as well as at banks. In order to make the process of opening an account easy, individuals can now open a PPF account online.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
