Budget 2020 – Suggestion given for removal of GST Audit, Tax Audit One of the suggestion given by Advocate community for Budget 2020 is that GST Audit and Tax Audit should be abolished. As per the suggestion, India is a digital economy, where Tax Audits and GST Audits cast shadow on our digital economy. Further […]
10.4% ✸Edelweiss Finance NCD✸ – Jan’20 – Should you Invest?
Edelweiss Finance and Investments Ltd has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate and opens for subscription from January 23, 2020. Edelweiss Finance is a non-banking finance company, focused on offering a broad suite of secured corporate loan products, retail loan products which are customized to suit the […]
Non Quoting of Aadhaar or PAN can lead to 20% TDS Deduction
Non Quoting of Aadhaar or PAN can lead to 20% TDS Deduction As per CBDT Circular Number 4/2020, dated 16.01.2020, CBDT has clarified that Employer will deduct 20% TDS in case of Non Quoting of Aadhaar or PAN details. This rule is applicable in case of employee whose salary is more than Exempted Slab. Section […]
Common Myths about SIP busted
[ad_1] We have always encouraged our readers to invest in equity mutual funds through SIP (Systematic Investment Plan). This basic idea of recommending SIP is it automates your monthly investment, taking emotions out and hence encourages regular saving. SIP as a concept has become very popular but many people have some common misconceptions about SIP. In […]
7 Best ways to Double your Money
[ad_1] Who does not want to double their money! But how we can do it and in how much time? In this post we tell you legitimate ways of doubling your money and the associated risk with each option. Kisan Vikas Patra (KVP) Kisan Vikas Patra or KVP is part of Post Office Small Saving […]
Post Office MIS Calculator
[ad_1] Post Office Monthly Income Scheme (PO-MIS) is a good scheme to generate fixed income every month by depositing a fixed amount. We have designed a simple excel based Post Office MIS calculator where you can input the investment amount, interest rate and it will calculate monthly income and maturity value. Post Office MIS Calculator […]
You can save over Rs 1.5 lakh in tax just via these 4 avenues for this F.Y. 2019-20 With Automated Master of Revised 100employees Form 16 Part A&B and 100 employees Form 16 Part B for F.Y. 2019-20
The Income-charge Act, 1961 has different areas citizens can use to decrease their assessment outgo each year. Also, the most well-known areas in the Act that individuals use to save money on charge are 80C, 80D, 80CCD (1B), and 24 (b). In any case, every one of these segments accompany a most extreme venture sum […]
Now the GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner
Now the GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner Considering the difficulties faced by trade and industry in filing of returns, the government has decided to introduce several measures to ease the process. The Finance Ministry today said that now GST taxpayers can file their GSTR-3B returns in a staggered manner. […]
ROC cannot deactivate DIN of disqualified directors
ROC cannot deactivate DIN of disqualified directors – HC 28. Act, 2013 is made applicable to all companies incorporated under previous Company Law as under Act, 2013, and, certain other companies also as is evident from Section 1(4), which reads as under : “1(4) The provisions of this Act shall apply to- (a) companies incorporated […]
Undervaluation is no sufficient reason for detaining the goods
Undervaluation is no sufficient reason for detaining the goods Complete extract of Order is givn below: The challenge in the writ petition is to Exts. P8 and P11 detention notices issued to the petitioner detaining goods that were transported at the instance of the petitioner. A perusal of Exts.P8 and P11 notices would indicate that […]