Understanding Part A And Part B Of Form 16

Form 16 is somewhat a very important yet very confusing part of income tax filing. There are basically Form 16, Form 16A & Form 16B which are to be selected …

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How To Calculate Income Tax If There Is Refund Of Tax

With the govt exceeding various tax-related deadlines for the financial year, people might wonder how or if there’ll be some changes within the tax-filing process. According to a finance ministry …

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How to E-File Income Tax Return Uploading Form 16

Form 16 is a vital part of income tax filing. There are basically Form 16, Form 16A & Form 16B which are to be selected as a TDS certificate for …

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GST and Income Tax relaxation due to Corona Virus

The government issued an ordinance Tuesday to bring into effect compliance relief measures for taxpayers in the wake of Covid 19 that were announced by the finance ministry last week. …

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Old or New TAX Regime

Finance Minister Nirmala Sitharaman, in her Budget speech, announced a new, simplified income tax regime for taxpayers with revised income tax slabs and tax rates. While the government has introduced …

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Financial Bill 2020 : Different Sectors

MSMEs Steps proposed by the government for the MSMEs: Amendments will be made to Factor Regulation Act, 2011. Amendments to be made to enable NBFCs to extend invoice financing to …

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Government Support Falling Economy

While not every person’s desires were met, the Foreign Minister (FM) proposed certain expensive changes to the annual duty law as a stage towards finishing the mammoth assignment of boosting …

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GST in New Budget Of 2020

A simplified return format for GST is being introduced from April 2020, Finance Minister Nirmala Sitharaman said on Saturday. In her second Budget presentation, the finance minister said GST has …

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New Budget Helps The Salaried Individuals

Basic yet progressive tax slab, planned for giving a relief for salaried class. Here’s a gander at the new powerful tax slab will be effective as soon from the April. …

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Section 89/ Form 10e

Arrears is a legal term for the part of a debt that is overdue after missing one or more required payments, for example a tenant who has not paid rental …

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