🔊 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 […]
Company and Firms Registration in India
🔊 Play Business registration in India is very important when we think of starting a business in India. In today’s era, we have the facility of registering our business online. Online business registration involves less cost, less time and efforts and we don’t have to visit a consultant’s office every time as nowadays we can […]
Know About your Income Tax Return and Income Tax Slabs & Income Tax Rates for FY 2018-19
🔊 Play Income Tax Slabs & Income Tax Rates for FY 2018-19 for online income tax return filing: Income Tax Slabs for FY 2018-19 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 […]
ONLINE INCOME TAX RETURN FILING: PROCEDURE, DOCUMENTS
🔊 Play The process of filing income tax returns is online which is known as e-filing. The Income tax returns can be filed self or through the help of professional by registering on the income tax department website. E-filing is easier & popular as it doesn’t involve tedious paperwork and can be done easily from home […]
DIRECTOR KYC
🔊 Play WHO HAS TO FILE e-FORM DIR-3 KYC? As per MCAs announcement, any director who has been allotted a DIN on or before 31st of March 2022 and whose DIN is in approved status, will have to submit his KYC details to the MCA. It is a mandatory compliance requirement for all directors. WHAT […]