Quarterly Return & Monthly Payment (QRMP) Scheme

The QRMP stands for Quarterly Return & Monthly Payment. This scheme has been launched by Central Board of Direct Taxes to give benefits to the small taxpayers. Under this scheme taxpayers requires to pay their tax liability on a monthly basis and need to file their returns on a quarterly basis…

Highlights of Budget 2021

The Finance Minister, Nirmala Sitharaman announced budget of financial year 2021-2022 on 1st Feb 2021. Here are foremost highlights of budget 2021.…

Easy Steps for GST Registration Process

To do any business registration under GST must needed. Even if you do not fall under the mandatory criteria of GST registration, there are multiple benefits of registering business under GST regime. One of the foremost benefit is that you can claim ITC on purchases made for the businesses.…

How to Save Tax Under Section 80C?

The deduction under section 80C can be claimed by individual and HUF. One can claim maximum deduction under section 80C is 1.5lakhs which assessee can claim every year from his total taxable income.…

Benefits of GST You Should Know

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.…