The GST has changed the entire structure of indirect taxes with the concept of “One Nation, One Tax”. The country has received several benefits of GST which you all should know. Every sector and person have faced the impact of GST by some or the other way.…
Composition scheme is issued specifically to give benefits to small taxpayers. Composition scheme is an alternative method of levy of tax designed for those taxpayers whose aggregate turnover is below 1.5 Crore.…
GST Registration is the most fundamental requirement for identification of Taxpayer. Under GST Regime, without registration a person can neither collect tax from customers nor can he claim Input Tax Credit (ITC) of the tax paid by him on purchase.…
GST is one of the biggest reforms in India which not only affect taxation field but also all other sectors. Major reforms always come with few disadvantages but moreover there is a positive impact of GST in India.…
What if you do not receive any HRA from company and still make payments towards the rent expense? Don’t Worry you can claim deduction under section 80GG towards rent paid by you.…
Want to save TDS on Interest Income ? Submit Form 15G/ Form 15 H…
In this period of Pandemic everyone is buying Medical Insurance Policy . This not only helps us to protect our loved once but also to save tax on income .…
Cost Inflation Index (CII) is used to calculate the long-term capital gains from sale or transfer of capital assets.…