What is Cost Inflation Index (CII)
Cost Inflation Index (CII) As per provisions of Income Tax Act, for the purpose of Long term capital gains, Indexed cost of acquisition and indexed cost of improvement are deducted from Sale value Read more […]
Complete Guide to Finance and Taxation
Cost Inflation Index (CII) As per provisions of Income Tax Act, for the purpose of Long term capital gains, Indexed cost of acquisition and indexed cost of improvement are deducted from Sale value Read more […]
New TDS and TCS changes in ERP from Jul- 2021 : Budget 2021 has introduced new section 194Q in income tax to deduct TDS @0.10 % on purchase of goods on value exceeding Rs. 50 Lakhs during financial Read more […]
Inflation Calculator: Are you planning to save for your Child’s education but don’t know what will be education fees after say 10 years in case it cost you today 100,000 and inflation rate is 5%. This Read more […]
It is very heart breaking when we are not able to get full return on our investment. Yes, we are discussing about earning interest income. This article will provide information regarding How to earn tax Read more […]
Due Date of Advance Tax: Section 211 of Income Tax Act lays down due date of payment of Advance Tax .Advance tax on the current income calculated in the manner laid down in section 209 shall Read more […]