Income Tax Return : A Glimpse
What is an income tax return (ITR)? Who is required to file ITR ? !! Filing a Return of Income is the process of reporting your income, deductions, and tax…
Who needs to comply with the Kerala Labour Welfare Fund (LWF)?
Kerala Labour Welfare Fund Board is a statutory body commenced functioning on I st May 1977 with a view to constitute a Fund for promoting the welfare of labour. The…
Registration Of Charge On Assets Of The Company With ROC
Any security obtaining loans or debentures by way of a mortgage on the assets of the company is defined as a Charge. A company, like a natural person, can offer…
Business Budget; Importance & Components
Budgeting - How Much Influences ? Activities of management starts from planning, so it is considered as the starting point of a business, the other activities only follow the first.…
Are You An Online Gamer ? Happy News For You!!!
As per the latest budget announcement gamers are required to pay tax only when they make net profit .In the latest budget ,It is proposed that a person has tax…
Did The Union Budget 2023-24 Consider The Middle Class?
Increase the rebate limit to Rs.7 lakh in the new tax regime. Thus,persons in the new tax regime, with income up to Rs 7 lakh will not have to pay…
Missed ITR Filing / Revision Deadlines?
Did you forget to file your income tax return ? There is still time to file returns from Fy 2019-20 onwards Have they not filed income tax returns yet? There…
GST : An indirect tax levied on the supply of goods and services
In India, the Goods and Services Tax (GST) is an indirect tax that takes the place of VAT, services tax, excise duty, and other indirect taxes. On 2017 march 29…
ESI – Is It the Employer’s Responsibility?
Looking over whether ESI registration is an employer's Responsibility? Then here it comes: Yes, it is the responsibility of the employer to register their Establishment under the ESI Act within…
Gst On Purchase & Sale Of Second Hand Goods
As per the GST law, GST is charged on the transaction value of the goods. But, in the case of second-hand goods, the dealer can opt for the Margin Scheme…
Amendment In Form 3CA-3CB-3CD For The AY 2022-23
Amendment in Form 3CA-3CB-3CD for the AY 2022-23 1) Applicability of Clause 44 of Form 3cd for Ay 2022-23 Form 3CD contains ‘Clause 44’ which deals with reporting requirements related…
GST Applicability in Advance Received on Supply of Services
GST Applicability in Advance Received on Supply of Services As per Section 13 of the Central Goods and Service Tax Act 2017, the liability to pay tax on services shall…