Taxation for Salaried Individuals – All you need to know
Taxation in India is governed by the Income Tax Act, 1961. Under Indian Income Tax law, income is divided into five heads/group of income for taxation purpose: Rates of tax,…
Taxation in India is governed by the Income Tax Act, 1961. Under Indian Income Tax law, income is divided into five heads/group of income for taxation purpose: Rates of tax,…
1) Choosing structure of your business:Typically, there are following major structure to do business in India:1) Sole Proprietorship2) Hindu Undivided Family (HUF)3) Partnership firm4) Limited Liability Partnership5) CompanyChoosing a structure…
Income Tax Related: 1) Finish up all investments and deductions related payments before March 31.2) Apply and get your TAN number in case of TDS applicability for the first time.3)…
Tax revenues forms large part of government revenues. Government budgeted Rs. 16 lakh crore of tax revenues out of revenue receipts of Rs. 20 lakh crore for the year 2020-2021.…