FM may increase I-T slabs in Budget 2017: Here’s how it will reduce your tax outgo

Post the demonetization of the high-value currency notes and the drastic measures taken by the government to promote cashless economy to tackle the evil of black money, the jury is still out whether it had a positive impact on the overall economy.

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UMI PLUS E World’s First Helio P20 2.3Ghz Mobile

UMI PLUS E World’s First Helio P20 2.3Ghz Mobile UMI PLUS E 6GB RAM 64GB ROM Touch ID 4000mAh Helio P20 MTK6757 2.3GHz Octa Core 5.5 Inch 2.5D Sharp FHD Screen Android 6.0 4G LTE Smartphone. UMI Plus E is a landmark

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FAQ on TDS Refund

FAQ on TDS Refund (Q1.) Can I apply for TDS refund offline? No, deductor cannot apply for refund offline. (Q2.) Form which FY can deductor claim for Refund? Deductor can apply for TDS refund from FY 2007-8 onwards for Form type 24Q,

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CBDT ISSUES CIRCULAR FOR TDS ON SALARY FOR AY 2017-18, dated 02.01.2017 (Circular No. 01/2017)

CBDT ISSUES CIRCULAR FOR TDS ON SALARY FOR AY 2017-18, dated 02.01.2017 (Circular No. 01/2017) Reference is invited to Circular No. 20/2015 dated 02.12.2015 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under Section

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Here’s what you need to know about tax saving fixed deposits

If you invest in a tax saving fixed deposit you can claim the amount invested up to Rs 1.5 lakh as a deduction from your income, as per current tax laws. The amount so invested is to be deducted from gross total

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COMPOSITION SCHEME UNDER MODEL GST LAW, ITS IMPACT ON INDUSTRY

INTRODUCTION The New Model GST Law (hence forth “MGL”) as made available on public domain as on 26th November 2016 have bring out many changes with respect to the provisions with respect to composition levy. Composition Levy have been present in indirect taxes

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Auditor Appointment – Eligibility Letter u/s 139(1) of the Companies Act, 2013 in case of Appointment for Existing Client

Auditor Appointment – Eligibility Letter u/s 139(1) of the Companies Act, 2013 in case of Appointment for Existing Client [Date] To The Board of Directors [Name of the Company] [Address] Dear Sirs, We thank you for your letter dated ____, regarding the

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Clarifications on the Direct Tax Dispute Resolution Scheme, 2016

Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 Circular No. 42 of 2016 [ F.No.142/11/2016-TPL] Dated – 23-12-2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter X of the Finance Act, 2016 provides an opportunity to tax payers who are

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