🔊 Play The audit is an independent examination of the financial statements of an organization by an auditor. It is conducted to ensure that the financial statements represent a true and fair view of the financial position of the organization. Auditor presents the independent auditor’s report to the stakeholders of the company. There are various […]
APEDA Registration: Procedure of filing & tracking status
🔊 Play APEDA Registration: Agricultural & Processed Food Products Export Development Authority or APEDA is established in 1985 for the development and promotion of export of scheduled products. Under the APEDA Act, every person shall apply to the Authority to be registered as an exporter of the Scheduled product or Scheduled products before the expiration […]
Are you a salaried Taxpayer? You need to be alert with recent changes in Form 16!!
These changes have been introduced in form 16 to keep it on the same line with the changes that came in Income Tax return Forms as notified by CBDT for AY 2019-20.
Mistakes to avoid while filing Income Tax Return
🔊 Play Income Tax India e-filing: Income Tax is a tax that the government imposes on income generated by businesses and individuals. And, an ITR is a form in which a taxpayer furnishes information about his total income and tax payable on that income to the IT Department. In India, the ITR is filed online […]
How Should You Pay Income Tax?
🔊 Play The Government of India levies income tax on all income as per the provisions of the Income Tax Act, 1961. The Government of India has several mechanisms through which it collects income tax from taxpayers like Advance Tax, Self-assessment tax, Tax deducted at source (TDS) and Tax collected at source (TCS). Advance tax: […]
Mandatory Filing of e-Form INC-22A (ACTIVE) ‘KYC of Companies’
🔊 Play ACTIVE Form INC-22A Due Date Extension *E-Form INC-22A (ACTIVE) Last Date has been extended up to June 15, 2019* The Ministry of Corporate Affairs (MCA) has brought a new concept of Active Company Tagging Identities and Verification by the companies and introduces a new E-Form-ACTIVE. Companies for which Filing of e-Form INC-22A is required: Every […]
Understanding the New 2019 Federal Income Tax Brackets/ Slabs and rates?
🔊 Play Income Tax Brackets/Slabs & Rates applicable for FY 2019-20 are: Income Tax Slabs for FY 2019-20 for Individual, Hindu undivided family (HUF), Association of persons (AOP), Body of individuals (BOI), Artificial juridical person*: Income Up to ₹250000- NIL Income from ₹250000-₹500000- 5% Income from ₹500000-₹1000000- 20% Income more than ₹1000000- 30% Income Tax […]
How to Check If Your PAN Card is Active or Not?
🔊 Play To take a dig over false issuance of PAN cards for illegal purposes, the government of India has recently deactivated 11 Lakh PAN Cards following duplication. These de-activated PAN Cards were either allotted to a non-existent person or in the name of people with fake identities. It is worth mentioning that it is […]
How to file Income Tax Return Online for salaried employees for FY 2018-19?
🔊 Play Salaried employees having gross total income exceeding the basic exemption limit during the previous year must file an income tax return in applicable income tax return form on or before the ITR due date. ITR due date is 30th September of the assessment year for taxpayers whose accounts are required to be audited […]
Plan Income Tax Return: 3 Lesser Known Ways to Save Income Tax
🔊 Play Tax Saving is a continuous process but not everyone plans it well through the year. It often ends up being a last-minute rush whereas online income tax return filing is annual process. This financial year is nearing its end and if you haven’t been planning your taxes all through the year, you must […]