Leave Encashment – Exemption and Tax liability Some time the employees can not avail all these earned leaves which were allowed to him. He may encash these leaves and earn salary for the number of days which were allowed to be taken as leaves. The number of leaves allowed to be taken and the leave […]
Is an end to harassment of Taxpayers? It seems that there is no end of harassment for Taxpayers even though there is a lot of assurance provided by Prime Minister to improve the process.
6 Reasons You Shouldn’t Run Your Payroll In Excel Sheets Payroll is a common occurrence across all organizations, irrespective of their size or shape. It is a well-known fact that running a payroll manually requires a lot of work, time and dedicated effort from HR and Finance teams.
Why you should start investing early for your children ? Your time is the best gift that can be given to your children for nurturing them in life. Once you have sown these seeds, their higher education paves way for their bright future. However, education has been getting more expensive with each passing day and […]
GST Annual Return – FAQ’s This year GST Annual Return will have to be filed. So, tell me to whom, when and how it is to be filed. Explain me in detail. As per section 44 of CGST Act, every person registered under GST (except Input Service Distributor) will have to file GST Annual Return.
Save Capital gains tax on selling a shop I recently sold my shop and made capital gains of Rs 33 lakh. How can I save tax on these gains? You will need to pay tax on short-term capital gains at the applicable slab rate,unless you have any capital losses to adjust.If the shop was held […]
New releases on GST Portal Here are few updates and new functionalities, which were made available on GST Portal with effect from 6th November,2018. A) Assessment and Adjudication: (i) Provisional Assessment: 1. An application for Provisional Assessment in Form GST- ASMT-01 to the jurisdictional officer can be filed online, by those taxpayers on GST portal, who […]