What is Advance Tax? Advance Tax Due Dates, Payments & Calculation
Advance tax means income Tax should be paid in advance instead of lump sum payment at year end. It is also known as pay as you earn tax. These payments have to be made in instalments...
ITR filing of deceased person
ITR filing of deceased person:
In order to file the ITR of the deceased in the capacity of a legal heir, the first step is to register oneself as a legal representative of the deceased...
Submit Letter of Undertaking (LUT) for FY 2022-23 by 31.03.2022
What does LUT under GST means?
LUT in GST: Full form/meaning is Letter of Undertaking. It is prescribed to be furnished in the form GST RFD 11 under rule 96 A, whereby the exporter declares...
Importance of filing Income Tax Return (ITR)
ITR for FY 2019-20 (AY 2020-21) Due Date is 30th November.
Importance of filing income tax return
An income tax return is a legal document that stands as your proof of income. Even if you are...
ESIC extends contribution depositing for August to 22nd September 2022
The ESIC has extended the deadline for filing of ESI contribution for August 15th, 2022 to 22nd September, 2022 instead of 15th September
Highlights of Union Budget 2022-23
Please find below Highlights of Union Budget 2022-23.
General
Paperless Budget. Presented on Tab by the FMEconomic Growth to be 9.2% for FY 2022-23Railways to develop projects for MSME small businessesECLGS Scheme extended till March 2023E-Passports...
E-invoice mandatory if Turnover exceeds ₹20 crores wef 01.04.2022
CBIC made E-invoice under GST mandatory for registered persons having aggregate turnover above ₹20 crore in any of the previous years from 01st April 2022. The existing limit of 50 crores has been reduce...
What is Advance Tax? – Advance Tax Calculation, Due Date & Payment
Advance tax means Income Tax should be paid in advance instead of lump sum payment at year end. It is also known as pay as you earn tax. These payments have to be made in instalments...
All about upcoming Union Indian Budget 2023
All about upcoming Indian Budget 2023
Etymology and definition:
The word budget comes from the Old French word bougette meaning “small leather purse”, which in turn is a diminutive of the Gaulish bouge for “leather pouch,...
