File Your Income Tax Return Before 31st July 2024.
Reimbursement of Expenses: GST Chargeability
Tax is generally levied on the profit margin only. In general, tax is not levied on any reimbursement expense or […]
Interest Under Section 234A, 234B & 234C of Income Tax Act, 1961
To pay your taxes and submit your returns on time, you must carefully prepare your strategy. You must face severe
Decoding Sections 54 and 54F of Income-Tax Act, 1961
People may invest in capital assets to provide a source of funding for their future financial goals, assure long-term financial
All you need to know about the concept of Tax Loss Harvesting
Equity mutual funds and stock investments are becoming quite popular. Previously, such investments were uncommon; but, with the advancement of
Demat Account: Concept, Benefits and Features
The introduction of the Depository system in India was to achieve paperless trading in the stock market. The foremost step
Things to Look for While Buying a Term Life Insurance Policy
Term Insurance Plans were introduced with a very basic structure — the plan will offer a sum assured on the
What is a Document Identification Number and how does it work?
The Central Board of Indirect Taxes and Customs (CBIC) has made it mandatory to generate and quote a DIN on
How to turn Tax Planning of Salaried Employees into Success
As an Indian taxpayer, you always understand that you have to pay 20-25% tax on your income but we need
Instructions on Deposit of GST during Search, Inspection or Investigation
GST Investigation Wing issued Instruction No. 01/2022-23[GST-INV] dated 25 May 2022 on deposit of tax during the inspection, inspection, or
Concept of Scrutiny of GST Returns
Every GST Registered Taxpayer is required to file GST Returns on time and accurately. Otherwise, concealing transactions, providing false information,
Basics of Banking: Advances – Schedule 9 of Balance Sheet
When it comes to banking knowledge or the general awareness component of bank examinations, the basics of banking are crucial.
Know all about GST E Invoice | Turnover more than 20 Crore
The e-invoicing system is now applicable to more businesses through CBIC Notification CGST 01/2022 dated 24 February 2022. Indian businesses