Mandatory / Optional Filing of Form 10-IE by TaxPayers
The finance ministry has introduced a ‘New tax regime’ in the Finance Act 2020. Form 10IE is a declaration made by the return filers for choosing the ‘New tax regime’…
Mukhya Mantri Udyaymi Yojna by Bihar Government
Bihar Government on had launched two ambitious schemes christened as the 'Mukhya Mantri Yuva Udyaymi Yojna' and the 'Mukhya Mantri Mahila Udyami Yojna' to promote entrepreneurship among youth and women…
Declaration for Certificate of Commencement under Companies Act, 2013
Under the newly introduced Companies (Amendment) Ordinance 2018, all companies registered in India after the commencement of the Companies (Amendment) Ordinance 2018 and having a share capital is required to obtain commencement…
All About Registration of Section 8 Company with Registration Procedure
A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) i.e. when it has motive of promoting arts, commerce, education, charity, protection of environment, sports,…
The Shop & Establishment Act in India
The Shop and Establishment (S&E) Act is applicable on all the commercial establishments; viz, business centres, offices, warehouses, stores, hotels, eateries, amusement parks, theatres, etc, nationwide. It is one of the…
GST Amnesty Scheme May, 2021 & Late Fee Relaxations
The 43rd GST Council Meeting under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video conferencing on Friday, 28th day of May, 2021 via video conferencing in…
Key Recommendations of 43rd GST Council Meeting
The 43rd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman through video conferencing here today. The meeting was also attended by Union Minister…
How to Pay Maharashtra Professional Tax Online
Self-employed, salaried individuals and companies are liable to pay profession tax on their income in Maharashtra. The profession tax slab rates are decided by the state government with an upper…
Income Tax Slabs & Tax Rates in India for Individuals
In India, income tax is levied on individual taxpayers on the basis of a slab system where different tax rates have been prescribed for different slabs and such tax rates…
Know about Faceless Assessment under Income Tax Act
Under the faceless Assessment, a central computer automatically selects one or more tax returns for scrutiny based on risk parameters and mismatches and then allots them randomly to a team of…