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Government has slashed corporate tax rates to 22% for domestic companies. Please find below Press Note for your ready reference. PRESS NOTE Corporate tax rates slashed to 22% for domestic companies and Read more […]
What is TDS and TDS Rates Chart? TDS means Tax Deducted at Source. So when Income is paid or credited to payee (whichever is earlier), payer has to deduct tax at specified rate and pay balance amount Read more […]
CBDT has extended due date of filing of Income Tax return for FY 2018-19 ( AY 2019-20) for certain class of tax payers from 31st July, 2019 to 31st August, 2019. Click here to download Notification. If Read more […]
Finance Minister Nirmala Sitharaman has presented Finance Bill (No.2) on 5th Jul,2019. Below mentions are Finance Bill 2019 (No.2) – Budget Highlights. This article covers key highlights. Finance Read more […]
Finance Minister Nirmala Sitharaman has presented the finance budget in Parliament today. Copy of Finance Bill (No.2) ,2019 is attached . Click below link to download Finance Bill (No.2), 2019 Read more […]
Background – Whether PAN is mandatory for Non Resident: After Introduction of Section – 206AA in Income Tax Act which is imposing mandatory requirement to quote PAN by payee to payer. In absence of PAN, Read more […]