From the Assessment Year 2021-22 and thereafter, the taxpayers will have the option to discharge their income tax liability either as per Old Tax Regime or as per New Tax Regime.
Leverage means the use of debt or borrowed funds to earn more return on investments. When the return on investment is higher than the interest paid on debt, leverage is beneficial. The use of debt isn't always bad. It depends upon the economic cycle and usage of debt.
To sharpen the skills of members ICAI came up with online courses and publications. The publication was already available on ICAIs site but in different places. So to give a solution to the problem of searching material at different places. A portal has been designed with the name Digital Learning Hub (DLH) learing.icai.org .
To get into the Finance and Account Department of a Public Sector Undertaking, an individual has to clear multiple levels. Here how you can become ready to ace the exams?
Show Cause Notice is the first stage of litigation under any fiscal laws. While venturing to draft a reply to the show cause notice, three components should bear in mind which is Analysis of Show Cause Notice;Evidence or information and Grounds to issue Show Cause Notice; and Identifying the missing points in the Show Cause Notice.
Worry is a side-effect of an Income Tax notice being issued in your name but just a notice doesn't conclude anything. One may get the notice due to multiple reasons which could include not filing the return on a timely basis, calculation errors, improper reporting of income (not concealment) or even claiming excessive losses.
An employer should always make sure that his employees are not overburdened with work. Reach out to employees not only to check progress but also to see how they are doing.
Analysis and methodology for computing provisional credit as per Circular no. 123/42/2019-GST dated November 11, 2019
India has plethora of investment instruments which are available, for an investor, to park his idle funds. At times, it becomes really difficult for a person to select one such instrument, which would reap him good gains.
PPF 80-C Deduction or Investment
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English