Section 111A vs 112A of Income Tax, and Difference between 111A and 112A under Income Tax Act Understanding Sections 111A and 112A of the Income Tax Act is crucial for taxpayers, as these provisions are essential for calculating capital gains […]
What is Bonus Share and Bonus Stripping? And Tax on Bonus Share Under Income Tax Act Introduction Dividends are one of the most important sources of income for stock investors over the long term. Dividends are paid out in two […]
Tax Audit Applicability and Tax Audit Return Filing Introduction A Tax Audit is not just about meeting a compliance requirement; it is about proving that your books are transparent and reliable. Under Section 44AB of the Income Tax Act, a […]
“What is EPS?”, “What is EPF?” – Difference between EPF and EPS The difference between Employee Provident Fund (EPF) and EPS is often misunderstood. Although both are government-sponsored pension plans designed to help salaried employees in saving for retirement. There are […]
What is EPF and How to check EPF Claim Status? And information needed to check EPF claim Status Introduction Employees’ Provident Fund, or EPF, is a government program designed to encourage employees to save money. Employees and employers are required […]
Compliance Calendar for the Month of May, 2022 Individuals or businesses, be it a small scale businesses or a business having its operations on a large scale, are bound to adhere to the tax and statutory compliance prevailing in India. […]
Union Budget 2022 – 8 Income Tax Rule that are in effect from 1ST April 2022 Introduction The Income Tax Laws have changed significantly for the current FY (Financial Year). Some of the significant changes that are in effect from […]
All you need to know on EPF And PPF Interest Rate Introduction The realm of savings and investments in India offers a variety of government-backed schemes tailored to meet diverse financial goals. Two prominent instruments in this category are the […]
“What is DSC?”, “How to register DSC on new Income Tax Portal?” And Prerequisite for Income Tax DSC Registration on new Income Tax Portal The Central Board of Direct Taxes (CBDT) announced the new Income Tax Filing site on May […]
