Covid-19: What will be the tax on withdrawing money from EPF? You can withdraw 75 percent of the balance in the EPF member account or your basic salary and dearness allowance of three months (whichever is less).
Will the government extend the deadline for these 5 important tasks due to Corona? In many cities, there is almost a closed situation. People are working from home. Corona has stirred up a time when the financial year is on the verge of ending. March is very important in terms of financial planning. This month […]
शिक्षकों पर ग्रेच्युटी अधिनियम – पात्रता! यहां मैं चार्टर्ड एकाउंटेंट्स / फाइनेंस पर्सनालिटीज और मैनेजमेंट पर्सन के बीच जागरूकता के लिए लिख रहा हूं। .201 07.03.2019 को सुप्रीम कोर्ट के जजमेंट के तहत ‘ग्रेच्युटी ऑफ ग्रेच्युटी एक्ट 1972’ के तहत स्कूलों में ग्रेच्युटी बेनिफिट्स के लिए शिक्षकों की योग्यता के बारे में। मैं स्कूलों द्वारा […]
Tax Audit Applicability W.E.F.Financial Year 2020-21 The finance Bill, 2020 Introduced a major amendment to section 44AB regarding Tax Audit Applicability of the income tax act an extract as follows,
Tax Planning And Investment For Salaried Individuals We are in the last quarter of the current financial year i.e. 2019-2020, which will end on 31/03/2020. This is the high time everyone should take a look at their Tax planning and investments. In this article, I am sharing some important points and suggestions, especially for salaried […]
Key changes in ITR-1 you need to know before filing The Income Tax department has notified the Income-tax Return (ITR) Forms for F.Y. 2019-20 on January 3, 2020. Here’s a list of the 6 key changes introduced in the ITR1 for the financial year 2019-20. Passport details In this year’s ITR-1, taxpayers will have to […]
Section 269SU – Mandates to provide Digital Payment Facility Section 269SU Mandatory Requirement to Provide Digital Payment Facility by Certain Class of Persons Notification No. 105/2019-Income Tax dated 30th December 2019 We are moving towards Cashless economy and government has done a lot to remove black money circulation from our system. Cashless economy is the […]