In India, the IPL is the major cricket competition. It’s made up of teams from around the country, with some of the best cricket players in the world. How are these teams, or franchises as they’re known, funded? Read this article to find out.
TDS returns are quarterly statements that every deductor is required to submit. These returns contain information about the tax deducted at source, the PAN numbers of the deductees, particulars of the tax collected, and details of the tax paid to the government, along with the TDS challan or receipt numbers.
In today's hectic world, managing money has become simpler and more convenient thanks to technology. Banking has changed drastically, and old-school, in-per
In this blog, we will explore the taxation of paid online gaming and discuss how it differs from traditional gaming. We will also delve into the various taxes that may apply to online gaming and examine the legal and regulatory landscape for online gaming taxation.
This post will go over five frequent blunders to steer clear of while purchasing health insurance.
Let us know the tax-saving options available in the income tax
Senior citizens and a very senior citizen are granted a higher exemption limit as compared to normal tax payers. Exemption limit is the quantum of income up to which a person is not liable to pay tax.
Section 150 of the CGST Act 2017 states that certain entities such as taxable persons, local authorities, banks, state and central government authorities, etc. If a person does not furnish the information return within the specified time period, a notice may be served upon them requiring the same to be furnished within a period not exceeding 90 days.
In India, the income tax is governed by the Income Tax Act, 1961 and is imposed by the Central Board of Direct Taxes (CBDT). The taxable income of an individual is taxed at different slab rates, based on the individual's income level.
An income tax notice is a formal communication from the Income Tax Department stating that there is an issue with your tax return or tax payments.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English