Articles by Mitali

Sahara Refund: How to reclaim your deposits from CRCS - Sahara Refund Portal

Posted by Mitali 28 March 2024 17345 Views

Amit Shah, who serves as the Union Home Minister and Minister of Cooperation, has introduced a new online portal to facilitate the refund process for depositors of the Sahara Group of Cooperative Societies

All about Permanent Account Number (PAN)

Posted by Mitali 28 March 2024 3165 Views

A Permanent Account Number (PAN) is a unique 10-character alphanumeric code issued by the tax authorities. It's used to identify individuals and entities for taxation and financial transactions. PAN helps track financial activities like income, taxes, and investments.

TDS Rate Chart for FY 2023-24

Posted by Mitali 28 March 2024 89710 Views

TDS is applicable to various types of payments such as salaries, interest, rent, commission, professional fees, etc. The rate of TDS varies depending on the type of payment and the status of the recipient.

TCS Rate: Responsibility to collect TCS as per Income Tax Act

Posted by Mitali 27 March 2024 4394 Views

The responsibility to collect Tax Collected at Source lies with certain specified persons or entities as mandated by the Income Tax Act. These entities collect tax from the payee at the time of sale or provision of certain goods or services.

Income Tax Act 1961: Chapters

Posted by Mitali 23 March 2024 6075 Views

The Income Tax Act, 1961 is an Indian legislation that governs the taxation of income in the country

PAN Card Correction

Posted by Mitali 22 March 2024 7802 Views

PAN card correction, updating details, and applying for a duplicate can be done online or offline. For online processing, visit the official Income Tax Department website, fill the required form, upload documents, and make online payment.

Suo Moto Cancellation Of GST Registration

Posted by Mitali 20 March 2024 19869 Views

Suo moto cancellation of GST registration refers to the cancellation of a registered person's GST registration by the GST officer on their own initiative, w

ESIC Portal Login Guide

Posted by Mitali 12 March 2024 7200 Views

ESIC is a self-financing scheme where both employers and employees contribute to the fund. The scheme is designed to provide financial protection to employees in case of sickness, maternity, disablement, or death due to employment injury.

Depreciation Rates as per Income Tax Act for FY 2023-24

Posted by Mitali 07 March 2024 223602 Views

Under the Income Tax Act, depreciation is allowed as a deductible expense for assets used in business or profession, subject to certain conditions and limitations. The amount of depreciation that can be claimed depends on the asset's useful life, which is determined by the Income Tax Rules.

Capital Gain Tax on Sale of Agricultural Land

Posted by Mitali 24 February 2024 8235 Views

The agricultural land in India serves as a fundamental pillar of the economy, playing a crucial role in generating employment and ensuring food security for the nation.