Direct tax refers to a type of tax that is levied directly on individuals or entities based on their income, wealth, or property and is collected by the government. The government typically imposes direct taxes to generate revenue to fund...
Capital gains tax is a tax levied on the profit made from the sale or transfer of certain types of assets, such as stocks, real estate, and other investments. It is the tax imposed on the capital gain, which is...
As March approaches, the GST Year-End Checklist is a taxpayer's most crucial document! Taxpayers have various obligations to fulfill before April 1, 2023, and some mandates are effective as of that day. Similarly, some things have historically been implemented on...
ITR filing refers to the process of filing income tax returns (ITR) with the income taxdepartment of the government. It is an important compliance requirement for individuals,businesses, and other entities that earn income in India. Taxation statements givetaxpayers the ability...
The Companies Act of 2013 governs company registration in India, and the Ministry of Corporate Affairs is in charge of its implementation (www.mca.gov.in). The Central Registration Center processes documents submitted electronically through the MCA website for company registration and other...
The Goods and Services Tax (GST) is a comprehensive indirect tax that replaced multiple indirect taxes levied by the central and state governments. The GST system in India is divided into four components - State Goods and Services Tax (SGST),...
Citizen Service Portal maintained by Kerala Local Self Government Department provide various E-Services for the citizens in the State of Kerala. The portal offers a system of an Integrated Local Governance Management System of various services of the Kerala State...
The scheme’s funds comprised the contribution from the Government of Kerala, contributions collected from members of the scheme, interest from Bank deposits, etc., which is being utilized to pay various benefits to members of the scheme and administrative expenditures. The...
In the exercise of the powers conferred by Sub Section (1) of Section 14 of the Unorganized Workers’ Social Security Act 2008(Central Act 33 of 2008). The Government of Kerala framed rules in 2010 to effectively implement the provisions of...
In India, paying income tax on salary income is mandatory for all individuals. However, the government has provided various ways to save income tax legally, which can be taken advantage of to minimize tax liability. This essay will explore the...