Understanding GST Payments and Refunds
In the GST filing process, businesses need to file GSTR-1 monthly to report sales, followed by GSTR-3B to report input tax credits (ITC) and make GST payments. When applicable, refunds…
Guide to Your Universal Account Number (UAN): Find, Activate, and Manage EPF Services
The Universal Account Number (UAN) is a key tool for employees to manage their Employee Provident Fund (EPF) accounts online. With a UAN, employees can access EPF services like checking…
Everything You Need to Know About GST Returns: Filing, Due Dates, and More!
Navigating the world of GST returns can be challenging, but staying on top of your filings is essential for maintaining compliance and avoiding penalties. Whether you're a small business or…
Mutual Funds 101: A Beginner’s Comprehensive Guide to Smart Investing
Investing in mutual funds can appear intimidating for those new to finance, but it's actually a straightforward and highly effective method to grow your wealth over time. Whether you're planning…
Understanding Sections 194-IB & 194-IC Under the Income Tax Act
Hello Folks, Today, we are going to discuss about, Sections 194-IB & 194-IC Under the Income Tax Act The Income Tax Act includes provisions for tax deduction at source (TDS)…
Short Term Capital Gain on Shares (Section 111A of Income Tax Act) – STCG Tax Rate & Calculation
Hello Folks, Today, we are going to discuss about the, Short Term Capital Gain on Shares (Section 111A of Income Tax Act) - STCG Tax Rate & Calculation When you…
Section 54F of the Income Tax Act: Invest Your Capital Gains Multiple Times in a New Residential House
Hello Folks, Today, we are discussing about the Section 54F of the Income tax act, so let's begin, The Income Tax Act offers an exemption on long-term capital gains if…
Understanding Sections 194-IB & 194-IC Under the Income Tax Act
The Income Tax Act includes provisions for tax deduction at source (TDS) on rent payments and payments related to joint development agreements. Section 194-IB focuses on TDS for rent, while…
Section 194I – TDS on Rent: A Simple Guide
Section 194I of the Income Tax Act explains how to deduct Tax Deducted at Source (TDS) on rent payments. This section is meant for individuals or businesses paying rent for…
Short Term Capital Gain on Shares (Section 111A of Income Tax Act) – STCG Tax Rate & Calculation
When you sell shares and make a profit, it is called capital gains under the Income Tax Act. These capital gains can be either short-term or long-term, depending on how…