Introduction: Angel tax is a topic of significant interest and concern in the startup community. Entrepreneurs and angel investors alike have been grappling with its implications and seeking clarity
What is a Donation exemption under income tax? Section 80G deduction of the Income Tax Act is allowed for the amount paid by the taxpayer as a donation to any fund or institution or charitable Trust.
Due Dates Calendar for GST filing Date GST returns FILING 10/06/2023 GSTR-7 (for May 2023) 10/06/2023 GSTR-8 (for May 2023) 11/06/2023 GSTR 1 RETURN FILING(for May 2023) 13/06/2023 IFF filling
Who can apply: The EPFO circular does not include a higher pension option for employees who were members of the EPF before September 1, 2014, but are still working/retired after that date. According
ROC Compliances: What is MSME? MSME is an abbreviation for Micro, Small, and Medium Enterprises. Composite Criteria for Fall under MSME as applicable from 1st July 2020 Enterprises Turnover
E-invoice under GST The introduction of the Goods and Services Tax (GST) in India revolutionized the country’s tax system, simplifying compliance and streamlining business processes. As part of
Introduction of Senior Citizens exemption limit: In this article, we will discuss the exemption limit for senior citizens for filing an income tax return(ITR) in 2023. Understanding the tax benefits
Introduction of Mutual Fund vs LIC: Individuals have a wide range of investment possibilities open to them. Mutual funds (MFs) and Life Insurance Corporations (LIC) are both popular investment
Introduction: The difference between old and new tax regimes has become a subject of interest for individuals and businesses alike. As tax regulations transform, it becomes crucial to comprehend the
Introduction: The Budget 2023 has brought significant changes to the income tax structure in many countries. The new income tax regime aims to simplify the tax filing process while introducing
Introduction and Meaning The composition scheme is a simplified tax scheme available for small taxpayers under the Goods and Services Tax (GST) in India. It allows eligible taxpayers to pay tax at a
Definition of Cryptocurrency: What is cryptocurrency? Cryptocurrency is a digital currency that uses cryptography for security. Cryptocurrencies use a blockchain, a public ledger that records all
