You know the struggle is real once it’s the top of the economic year, and you face the legal instrument filing method. The matter becomes worse after you realise you have got not done your tax coming up with effective and you have solely procrastinated the cause till you received a mail from your 60… Continue reading 10 Tax Saving Tips for Professionals
Generally, many of us claim Tax Deduction under section 80C, but there are other sections too, under which you can claim the deduction and save taxes. Here is detailed information about those sections: – SECTION 80U This section of Income Tax Act came into being on 1st April 2004, this section talks about the tax… Continue reading Claiming Deduction, but not under Section 80C
Still confused with Income Tax and TDS, fret not as here are some of the basic differences between Income Tax and TDS. Income Tax It is a mandatory tax paid by individualsand HUFs who have their income from various sources. It is a direct tax thatgoes directly from taxpayer to the government. TDS Tax Deducted… Continue reading Basic difference between Income Tax and TDS?
If you have paid some extra amount as your Income Tax, then there are chances that you will get an Income Tax Refund. There are instances where the taxpayer does not receive his/her refund on time. It takes inordinately long time to get IT Refund, here are a few reasons why: – There are chances that, there… Continue reading Why your Income Tax Refund is getting late?
As we cross into March, another financial year is drawing to a close. If you are a salaried individual you will have noticed the bustle around the office accounts department as they prepare to close their books. Your financial obligations to the government are due as long as you do not learn how to e-file… Continue reading Learn How to E-file your Income Tax Return in 2018
Changes in Business regulations and IT updates are forcing professionals services to meet income tax filing norms, returns, audits and registrations under GST.
Auditing is a method for assessing the internal operations of a company and its effectiveness. The main objective of the audit is to preserve the shareholders of a company from facing any risks. Auditing creates transparency of a company’s health and its performance while increasing the confidence of investors. An ever-changing business world and the… Continue reading The Significance of Following an Audit System for A Company
There is no denying that for a business to become a success we all need to put in hours of hard work and a little favor from the lady luck as well. A better knowledge of setting up a business will, however, be of great help in keeping the success consistent even after completing many… Continue reading Advantages of Incorporating your Business