Best Mutual Funds to Invest in 2021 in India
According to the experts, the best place to invest in the long term is equity and if the investment is being made in mutual funds, then that should be done in equity mutual funds via SIP
A New Route of Tax Knowledge
According to the experts, the best place to invest in the long term is equity and if the investment is being made in mutual funds, then that should be done in equity mutual funds via SIP
The application for registration under section 12AB of the Income Tax Act can be made by filing Form 10A online on the Income Tax Portal.
Initial Public offer (IPO)- A Initial public offer refers to the process of offering shares of a corporation to the public in a new stock issuance. It allows a company to raise capital from public investors and allows public investors …
Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life, where the depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less its residual value.
tax audit is governed by income tax law, as the name suggests, a tax audit is an examination or review of accounts of any business or profession carried out by taxpayers from an income tax point of view
Section 44AB deals with the tax audit limit and provision of Tax Audit. Through Finance Act 2020, the government has inserted a new limit of turnover of Rs. 5 crores and exempt them from tax audit subject to some specified condition.
In India, income is calculated on the basis of different parameters like in case of individual assessee income is calculated on the basis of his age group and for other personal income is calculated as per their status under Income …
Under the Indian Income Tax Act, a Senior Citizen gets significant tax benefits that include exemption limit benefits, which can be summarised from the Income Tax Slab applicable to the senior citizen. Here in this post, you will get Income …