Form 16 is a certificate issued by an employer to his employee under Section 203 of the Income-tax Act, 1961 and contains all the details about the amount received by the employee as salary, Tax Deducted at Source (TDS) on salary, and any other deduction claimed by the employee during the year. The Income Tax […]
As per the Registration rules of Goods and Service Tax, the applicant in order to obtain GST registration, has to electronically submit an application duly signed by him. But due to noncompliance of the said statutory provisions of CGST act, the proper officer of Central Goods and Service Tax has recently canceled a number of applications […]
National Common Mobility Card (NCMC), commonly known as One nation one card is a single card that can be used for doing various transactions. The card was launched by Prime Minister Narendra Modi on 4th March, 2019 at Ahmedabad. This card is supported by Indigenous Automatic Fare Collection System (SWEEKAR) and SWAGAT. The card will […]
Gratuity is a benefit which an employee gets when his employment comes to an end due to the retirement or superannuation. It is an amount as a lump sum payment which is paid by an employer to his employee for his past services rendered for not less than 5 years. The payment of gratuity is […]
UDIN or unique Document Identification Number is a 15-digits unique no. introduced and developed by Professional Development Committee of the Institute of Chartered Accountants of India which would be generated by the system for every document certified and attested by a practicing Chartered Accountant. UDIN system was implemented by ICAI on a re commendatory basis […]
E-Form ACTIVE (Active Company Tagging Identities and Verification) was introduced by the Ministry of Corporate Affairs (MCA) and according to a recent notification of MCA, e-form ACTIVE (INC-22A) must be filed by all the companies whether public, private, Government or One person Company, that was incorporated on or before 31 December, 2017. Due Date to […]
What is FSSAI? Food Safety and Standards Authority of India (FSSAI) is an organization established under the Food Safety and Standards Act,2006 to maintain the safety and quality of food items for the benefit of consumers. FSSAI set standards for hygiene and safety to ensure safe and quality food in any food business. FSSAI Registration: […]
In the latest budget, the Government of India has simplified the stamp duty collection procedure with the introduction of Unified Stamp duty on the stocks. Put it simple, the decision means that all the stock exchanges in the country would not collect the stamp duty at a single rate and the proceeds have to be […]
Income tax slabs are the rates on the basis of which individual taxpayers are required to pay tax to the Government of India. The applicable rates for the relevant assessment year are announced by the finance minister in the interim budget. Likewise, the income tax slab rates for Financial Year 2019-20 and assessment year 2020-21 […]
A Voter ID card is an identity proof issued to the citizens of India who are eligible to cast vote in the upcoming elections. This card is issued by the Election Commission of India. Voter ID card is also known by many other names such as Election Photo Identity Card, election card or Voter’s card […]
How to apply for the new Loan under 59 Scheme by the GovernmentNovember 15, 2018 - 5:55 pm
Class 3 DSC Signature and E-tendering- What you need to knowOctober 13, 2018 - 12:45 pm
Here is Why Indian Rupee is Falling Against The U.S. DollarSeptember 4, 2018 - 5:18 pm
Different Types OF ITR Status And How To Check It OnlineAugust 20, 2018 - 5:17 pm
Income tax notices and what should the tax payer doAugust 11, 2018 - 7:01 pm
Form 16 – What are the latest changes that you should know?May 13, 2019 - 3:35 pm