[ad_1] Glenmark Pharmaceuticals It said on Saturday that its consolidated profit after tax declined 26 per cent to Rs 173 crore for the fourth quarter ended March 31, 2022. The company had reported profit after tax (PAT) of Rs 234 crore in the January-March period of 2020-21 financials. However, the pharmaceutical firm’s consolidated revenue rose […]
Energy, Taxes, Interest Payments, and Mistakes
[ad_1] What impact will the TCJA have on the US energy sector? a new paper from tpc, previously published by Resources for the Future, combines qualitative analysis with projections from TPC’s investment and capital model to show how the Tax Cuts and Jobs Act (TCJA) will affect the energy business. The study found that the […]
List of Major Amendments made by Finance Act 2022
[ad_1] List of Major Amendments made by Finance Act 2022 section description 2(12a) Amendment in the definition of ‘books of account’ 2(42c) Revision of the definition of slump sales 10(4E), 10(4F), 10(4G), 56(VIB), 80LA Tax Incentives to IFSC 12AB, 115BBI, 271AAE, 10(23C), 115TD Rationalization of provisions of charitable trusts and institutions 14a Explanation that disclaimer […]
How to save tax on the sale of bitcoin and crypto in 2022 (legally)?
[ad_1] 1. A flat 30% tax is levied on the sale of crypto in India fromscheduled tribe April 2022. Some people have started finding unique ways to save this tax legally and it is explained in detail below. topics covered 30% tax on the sale of bitcoin and other crypto 1% TDS on sale of […]
United Spirits signs sales, franchise agreements with Inbrew for select brands
[ad_1] board of United Spirits(USL), in which UK-based Diageo has a stake, on Friday approved the sale of some of its popular brands and franchisees to Inbrew Beverages for Rs 820 crore in a cash deal. USL and Inbrew have entered into definitive agreements for the sale of their entire business venture involving 32 brands, […]
Protection of unregistered mark – with tax return
[ad_1] Trademark means a mark/mark or symbol which distinguishes the goods or services of one person/organization from others. The trademark ensures that your unique brand name And this attached brand value are well protected. In this competitive era, we all know that registering a trademark under the Trademark Act, 1999 is an asset that provides […]
Exemption from bank savings interest U/s 80TTA| With Automated Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.2022-23
Section 80TTA of the Information Technology Act provides a tax deduction for interest income from personal savings. To help you claim your Section 80TTA Income Tax Act deductions, we will discuss your eligibility, threshold, inclusions, and exclusions in detail. What is a section 80TTA deduction? Section 80TTA deduction was established in 1961 and provides for a […]
Income tax rebate U/s 87A| With Automated Income Tax Preparation Software All in One in Excel for the Govt & Non-Govt Employees for the F.Y.2022-23
Income tax rebate U/s 87A | The Income Tax Act of 1961 allows for several types of tax credits so that taxpayers can reduce their taxable income and therefore their tax liability. Therefore, one such provision under the Income Tax Act is the tax credit permitted under section 87A of the Act. Let’s see what this discount is about – What […]
Download and prepare 50 or 100 employees at a time Form 16 Parts A and B or Part B for the Fiscal Year 2021-22
Download and prepare 50 or 100 employees at a time Form 16 Parts A and B or Part B for the Fiscal Year 2021-22 | In the Fiscal Year 2021-22, the location of CBDT Form 16 (Principal Lead Authority for Direct Taxes), which is “TDS Payment Authentication”, has been corrected. the unit is paid to and separated […]
All about Income Tax Form 16 | With Auto Calculate Income Tax Form 16 for the F.Y.2021-22
All about Income Tax Form 16| Form 16 has all the details about the TDS deduction from your paycheck and is submitted to the government by the employer. Therefore, Form 16 is a commonly used income tax-related document in India, which is used when filing ITR. Form 16 is required financial documentation to apply for your ITR. Therefore, […]