MCA vide its notification dated 21st February, 2019 and Companies (Incorporation) Amendment Rules, 2019 introduced Form INC-22A (Active i.e Active Company Tagging Identifies and Verification) which is hereby referred as the KYC of the Companies. Who is required to file… Read More
TAX COLLECTED AT SOURCE
The Income Tax Department has mandated the tax to be collected at source on certain transactions at the at a certain specified rate.The provisions of the tax collected at source are governed by section 206C of the Income Tax Act.… Read More
Highlights of the 33rd GST Council Meeting held on 24th February, 2019
The 33rd Meeting of the GST Council was held on 24th February, 2019 at 2 P.M. at New Delhi First the 33rd meeting of the Council was decided to be held on 20th February, 2019 via video conferencing, however the… Read More
Things to Consider While Making Tax saving Investments
BUDGET 2019 HIGHLIGHTS
Individuals having income upto Rs. 5 lakh are no longer required to pay taxes. Standard deduction provided to salaried employees earlier Rs. 40,000 has now been raised to Rs. 50,000/- Threshold limit for TDS deduction u/s 194I has been raised… Read More