Whether PAN is mandatory for Non Resident Payment?
Background - Whether PAN is mandatory for Non Resident: After Introduction of Section - 206AA in Income Tax Act which is imposing mandatory requirement to quote... Read more.
TDS on payment to Non Resident – Section 195
Background - TDS on payment to Non Resident This post will give you good understanding regarding TDS on payment to Non Resident - Section 195. Tax deducted at source... Read more.
Income Tax rates for FY 2019-20
Income Tax rates for FY 2019-20 (Financial Year 2019-20)and AY (Assessment Year)2020-21 A. Individuals/HUFs/AOPs/BOI/Artificial Judicial Person A1. FOR RESIDENT... Read more.
Finance Bill 2019 – Interim Budget Proposals
Finance Minister Mr. Piyush Goyal has presented interim budget on 1st Feb,2019. Below mentions are key budget Proposals / Highlights: 1.0 Tax Rates: There is not... Read more.
Copy of Finance Bill,2019
Mr. Piyush Goyal has presented the interim finance budget in Parliament today. Copy of Finance Bill,2019 is attached . Click below link to download Finance Bill,... Read more.
How to Calculate Gratuity Exemption with Gratuity Calculator
When you work with a company for more than five years and resign from company or at the time of retirement, you may be under dilemma regarding how to calculate gratuity... Read more.
Tax Treatment of Gratuity as per Income Tax Act,1961
Tax Treatment of Gratuity as per Income Tax Act,1961 is covered U/S 10(10) of the Act. In case of retirement, resignation or termination, you have to... Read more.
National Pension Scheme – NPS can give benefit up to 42% in first year
Income Tax deduction for investment in National Pension Scheme - NPS : This is tax season now. You may be planning to do investment for this Financial Year. This... Read more.
What is fees for Late Return of Income – ITR filing
Missed deadline for filing return of income for FY 2017-18 (AY 2018-19) and want to file return now but wondering what is fees for Late Return of Income - ITR filing.... Read more.
TDS Rates Chart for FY 2018-19 ( AY 2019-20)
Over the years there is definite increase in scope of TDS provisions. TDS provision has really become key instrument for Government to get compliance with requirement... Read more.