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Modi Government targets to dispose off 1.33 lakhs tax appeals, focus on high value ones
News & FAQs | By Editor | Last updated on Mar 27, 2017
The tax department has set an ambitious target to dispose of as many as 1.33 lakh appeals lying before the commissioners-IT (CIT-A), almo...
LLP v/s Private Limited Company – Simplified
Corporate Law & Intellectual Property Rights | By Soumik Kumar Sen | Last updated on Apr 23, 2020
Most of the early start-ups remain confused on whether to opt for Limited Liability Partnership or for a Private Limited Company. Both se...
Do you know your PAN Card can be blocked if you fail to pay taxes
Direct Taxes (including International Taxation) | By Editor | Last updated on Oct 5, 2017
In order to cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to “block” Perma...
Is Tax Audit mandatory for your business?
Direct Taxes (including International Taxation) | By Editor | Last updated on Oct 5, 2017
As per the latest press release made on June, 20th 2016, Section 44AB of the Income-tax Act (‘the Act’) makes it obligatory for every per...
Now you can withdraw PPF just after 5 years of its maturity
News & FAQs | By Editor | Last updated on Mar 27, 2017
Now you can withdraw PPF just after 5 years of its maturity.The Deposit Scheme Public Provident Fund (PPF) can prematurely be closed afte...
Claim LTA, HRA benefits- New Form 12BB released
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If you are an employee of a company, at the beginning of every financial year (or) while joining the company you have to submit ‘Income T...
Narendra Modi government okays Rs 10,000 crore corpus; to generate 18 lakh jobs
News & FAQs | By ALOK PATNIA | Last updated on Jun 23, 2016
Narendra Modi government okays Rs 10,000 crore corpus; to generate 18 lakh jobs. The government today approved Rs 10,000 crore ‘Fun...
Get ready for green tax as draft forest policy is out
News & FAQs | By ALOK PATNIA | Last updated on Jun 23, 2016
Get ready for green tax as draft forest policy is out. The environment ministry has come out with a draft National Forest Policy (NFP), p...
Shop & Establishment Act, EPF Act and 2 other labor laws proposed to be amended
News & FAQs | By ALOK PATNIA | Last updated on Jun 23, 2016
The labour ministry has lined up amendments to at least four key laws for the Cabinet’s approval in a renewed push to labour reform...
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