Month: December 2020

The Permanent Account Number (PAN) is a crucial ten-digit alphanumeric identifier issued by the Income Tax Department of India. It acts as your unique tax identity, streamlining financial transactions and simplifying tax compliance. Let's delve deeper into the world of...

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Tax Deduction Account Number (TAN) or Tax Collection Account Number is a 10-digit alphanumeric number issued by the Income-tax Department (we will refer to it as TAN). TAN is to be obtained by all persons who are responsible for deducting...

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GST Registration - FAQ 1. Does aggregate turnover include value of inward supplies received on which RCM is payable? Ans : Refer Section 2(6) of CGST Act. Aggregate turnover does not include value of inward supplies on which tax is...

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TRACES is a user-friendly application that will help you to manage your TDS / TCS account. Some of the functionalities available through TRACES are listed below. Dashboard view presenting summary of your accountStatements / PaymentsDownloadsProfile Deductor login page of the...

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Introduction to Form 26AS Income Tax Department facilitates a PAN holder to view its Tax Credit Statement (Form 26AS) online. Contents of Form 26 AS Details of tax deducted on behalf of the taxpayer by deductors - Part A &...

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A) Agricultural Income [Section 10(1)] As per section 10(1), agricultural income earned by the taxpayer in India is exempt from tax. Agricultural income is defined under section 2(1A) of the Income-tax Act. As per section 2(1A), agricultural income generally means:...

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Step 1 : Registration of a Startup Company in India. An entrepreneur can register a startup as :- Proprietorship FirmPartnership FirmPrivate Limited CompanyLimited Liability Partnership. Step 2 : Open a Bank Current Account A bank current account is important to...

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കേരള സംസ്ഥാനത്തെ തൊഴിൽ ക്ഷേമവും മറ്റ് ചില കാര്യങ്ങളും പ്രോത്സാഹിപ്പിക്കുന്നതിനാണ് കേരള തൊഴിലാളി ക്ഷേമനിധി. ഇത് കേരള ലാബർ വെൽഫെയർ ഫണ്ട് ആക്റ്റ്, 1975 ന്റെ പ്രിവ്യൂവിന് കീഴിൽ വരും. ഷോപ്പ്, കൊമേഴ്‌സ്യൽ എസ്റ്റാബ്ലിഷ്‌മെന്റ് ആക്ട് 1960 പ്രകാരം രജിസ്റ്റർ ചെയ്തിട്ടുള്ള എല്ലാ സ്ഥാപനങ്ങളും തൊഴിൽ ക്ഷേമ ഫണ്ടിന്റെ പരിധിയിൽ വരുന്നതാണ്, അവ ഫണ്ടിനായി സംഭാവന...

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