1. Introduction: Understanding Income Tax Return (ITR) due dates and penalties is crucial for every taxpayer. This article aims to provide comprehensive guidance on the due dates and penalties applicable…
1. What is Income Tax Return (ITR)? ITR stands for Income Tax Return. It is a prescribed form through which taxpayers report their income earned during a financial year, claim…
1. What is Section 44AD of the Income Tax Act: 44AD of the Income Tax Act offers a presumptive taxation scheme for eligible small businesses and professionals. This scheme allows…
1. Checklist of Task to be done after Company Registration Process is completed: Registering a Private Limited company is simple task but it brings huge responsibilities on its Directors and…
1. What is a Nil Return? Nil Tax return means that Tax liability zero: It simply means that Tax filing will be done but there will be no Tax liability.…
1. Why Income Tax Return Filing is Important? Filing of the Income-Tax return not only helps you but also helps the Nation. The tax that you pay is used by…
Reaching your financial goals requires developing the appropriate investment strategy. Whether your aim is to build your retirement fund over several decades or save for a down payment on a…
Introduction Finance Minister Smt. Nirmala Sitaraman unveiled the PM Vishwakarma Yojana during her 2023-2024 budget speech. Officially known as the PM Vishwakarma Kaushal Samman Yojana, it is also referred to…
Introduction: In the intricate world of taxation, Goods and Services Tax (GST) stands as a significant game-changer. Understanding GST compliance is not just essential but a legal obligation for businesses…
Introduction:The Ministry of Finance has recently unveiled an initiative known as "Mera Bill Mera Adhikaar" that aims to incentivize honest billing and bill payment practices within the framework of the…