Following is the tds rate for the financial year 2020-21 NATURE OF PAYMENT SECTION CUT OFF LIMIT TDS Rate for Individual and HUF TDS rate for others Premature payment by PF from EPF A/C(i.e. before 5 Years). 192A 50,000 10%
GST Act 2020 Download
Government has been issuing notification from time to time to amend GST act. Please find below the CGST Act updated till 30.09.2020.
GST Audit Extension
Government looking at the hardship of Taxpayers have decided to give GST audit extension to 31st October 2020. Earlier the GST audit for the year 2018-19 was extended till 30th September. Now the tax department due to corona virus situation
50 Deductions to Save Tax on Business Income
Business are burdened with lots of taxes. So we have complied the list of all possible deduction that can help to save income tax on income from business or profession for the year 2020. Here is the list to save
50 Deductions to Save Income Tax on Salary
We help Thousands of employees to save their taxes every year. There are various deductions that is available to employees to save income tax on salary income. We have complied various deductions available to salaried employees to save their Income
Complete Guide to Form GSTR-2B
What is the new Form GSTR-2B in the gst portal? GSTR-2B is an online auto-computed Input Tax Credit statement. This form will show availability of input tax credit to the taxpayer against each document filed by his suppliers. It can
5 Best Method of Online Accounting for Start-ups
Online accounting for start-ups is necessary for successful take-off. It is best to establish accounting method in the company at the beginning. Maintaining account helps to keep track of company and crucial for preparing Balance Sheet, Profit Statement, MIS, GST
Casual Taxable person in GST
A person is casual taxable person in a particular State if he occasionally undertakes supply from there when he does not have a fixed place of business. Who is a Casual Taxable person in GST? • Transactions are undertaken occasionally
TDS under GST
What is TDS mechanism means under GST? Tax Deduction at Source (“TDS”) means a person making payment or crediting to the supplier’s account for supply of taxable goods or services or both is required to deduct GST at source if
Digital Signature Price
Digital signature price with token (pendrive) – Rs 800 Digital signature price – Rs 400 General uses of digital signature (DSC) – Income tax return filing, GST filing and ROC filing of companies. Documents required for getting digital signature –