Basics of Service Tax
Union Budget 2012 delivered a staggering blow by hiking the service tax and excise duty from 10% to 12%. Our expenses are bound to go up too as the service tax net has been widened to include almost all services. Only 17 items, such as essential education, public...Basics of Tax Deducted at Source or TDS
Tax Deducted at Source or TDS is one of the modes of collection of taxes from the people in India. This post is about What is TDS? Why TDS?TDS Rates Chart with various sections and Threshold limit, How TDS is deducted and how often? What is TAN? TDS Certificates...Cost Inflation Index,Indexation and Long Term Capital Gains
Cost Inflation Index(CII) is a measure of inflation that is used for computing long-term capital gains on sale of capital assets. It comes under Section 48 of the Income-Tax Act. In Budget 2017, Finance Minister Arun Jaitley had proposed to change the base year to...Withdrawal or Transfer of Employee Provident Fund
In our earlier post Basics of Employee Provident Fund: EPF, EPS, EDLIS we had talked about What is Employee Provident Fund(EPF), How is it Calculated, What is Employee Pension Scheme(EPS), Employees Deposit Linked Insurance Scheme (EDLIS), what are the EPF interest...Basics of Employee Provident Fund: EPF, EPS, EDLIS
Employee Provident Fund (EPF) is one of the main platforms of savings in India for nearly all people working in Private sector Organizations. This article is about what is Employee Provident Fund(EPF), Employee Pension Scheme(EPS), Employees Deposit Linked Insurance...Subscribe to All Our Posts
Subscribe for Income Tax Posts
Our Books
Our Trainings
Best Books on Stock Market, Psychology, Personal Finance, Mutual Funds
