Unlock Your Tax Savings: Master the Art of Investment Declarations for Maximum Benefits in 2023-24!
The tax season is underway as the financial year 2023-24 (FY24) approaches its conclusion in March. Employees across organizations are […]
Budget 2024: Significant Relaxation in TDS Rules for Purchasing Property from NRIs
The imperative for the government lies in streamlining transaction processes and alleviating compliance challenges associated with purchasing property from NRIs.
Software
Understanding Accounting Software: Simplifying Financial Management
In today’s fast-paced digital age, managing finances efficiently is a crucial aspect of any business. Accounting software has emerged as
TDS(TAX DEDUCTED AT SOURCE)
TDS on Fixed Deposits Made Simple: Unraveling the Taxation Mystery. Check details here
Interest earned from Fixed Deposits (FDs) represents taxable income, subject to tax deductions. Whether the FD is held with a
TDS(TAX DEDUCTED AT SOURCE)
Income Tax Department Clarifies TDS Liability for Online Retailers Under ONDC
New Delhi: The Central Board of Direct Taxes (CBDT) on Thursday clarified that the 1% tax deducted at source (TDS)
Central Govt introduces New Form GST DRC-01C for Intimation of difference in ITC available in GSTR-2B and GSTR-3B
The Central Government issued a notification (no. 38/2023) on 4th August 2023, which introduced some changes to the Central Goods
Taxation, TDS(TAX DEDUCTED AT SOURCE)
No TDS required to be deducted under Section 195 of the Income Tax Act On Commission Payment To Non-Resident Agent Overseas: Delhi High Court
The Delhi High Court has held that commission payments to non-resident agents overseas are not chargeable to tax and there
28% GST on online gaming: How will new tax work for players and companies
GST Council has decided to go ahead with a 28% tax on full face value of online gaming. Know here how the new rule will impact the players and the companies, and by how much will their outgo increase
GST(Goods and Service Tax), NEWS & UPDATES
Two GST Tribunals To Be Functional In West Bengal From October 1
New Delhi, Aug 5: The West Bengal government on Thursday announced that two GST tribunal benches will become functional in the
TDS(TAX DEDUCTED AT SOURCE)
Section 194C of Income Tax Act-TDS Guide on TDS on Payment to Contractor
Section 194C of Income Tax Act: Section 194C is a provision in the Indian Income Tax Act that requires a