Common problems often faced by various individuals are the guilt and anxiety around making big-ticket purchases and extremely hassle-ridden EMI payment tenures. However, Bajaj Finserv
TDS, also known as Tax Deducted at Source is a direct taxation mechanism that facilitates direct tax collection from the source at the time of
As in many Asian countries, online gambling has been on the rise in the last several years in India. At the same time, India has
With the increased competition in the field of business today, one has to do whatever it takes to survive. Up to the mark strategies, perfect
In the past 10 years, the online casino industry in India has seen a massive surge in the number of players. This has been brought
A businessman has two options while taking a loan for his business. Either to opt for long term funding like LAP (Loan against property) or
New standard procedures issued by the CBIC requires the proper officers to issue a notice under GSTR-3A within 5 days of due date of return.
Introduction The GST Act does not define anything like Inverted duty structure. The term ‘Inverted Tax Structure’ refers to a situation where the rate of
In this article, we will discuss about the applicability of GST on Rental Income from renting the commercial property as well as residential property, and
Introduction As per the GST Act, Cab services are taxable services. When services are provided via cab aggregators like Ola or uber then also GST
A trader is required to get registered under GST to be able to sell on amazon, flipkart, meesho, udaan, snapdeal, shopclues and similar platforms. Here
A taxable person can apply to the commissioner under Section 80 of CGST Act for extension of time for payment of GST, Interest, Penalty or
A complete guide to file form no. 61, 61B and 15CC. The use of these forms are Form 61 – Filing of details regarding form
Legal representative/heir of the deceased person is require to file the income tax return on his/her behalf. In most cases, spouse or eldest son/daughter assumes
Deductor can request a refund for excess TDS deposited by him via TRACES for the financial year 2007-08 onwards. An online utility is available for
If you don’t know what is depreciation then you can read about it here – What is depreciation and common methods/types of depreciation. Basics of Depreciation
Rates has been changed for financial year 2017-18 and onwards. Now the maximum rate of depreciation is 40%. S No. Asset Class Asset Type Rate
Section 40b determines the maximum amount of remuneration and interest on capital payable to a partner under Income Tax Act. The amount over the specified