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"Great things never come from comfort zone" "Wealthy people invest first and spend what’s left and broke people spend first and invest what’s left" "Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future" "The secret to getting ahead is getting started.................Start using your Savings to Earn Money" "The best gift, and investment, you can give your child is your time" "Investing in your child’s education is never a wasted effort" "Making money and handling money are both different things"
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Accounting entries when TDS is deducted
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News
The CBDT Introduced online filing for Form 15CD for the Financial Year 2023-24 for IFSC Unit Remittances.........
Attention Tax Deductors/Collectors!! Deductees/Collectees having Pan status as "Inoperative" attract higher TDS/TCS Rates.........
There is
No Changes
in Direct and Indirect Tax rates for the F.Y. 2024-25, says FM Nirmala Sitharaman .........
Due date for filling of TDS/TCS statements in form 26Q, 27Q & 27EQ for first quarter of FY 2023-24 has been extended to 30th September, 2023 .......
Due date for filing DPT 3 for the financial year ended 31st March 2023 has been extended up to 31st July 2023.......
New Cost Inflation Index (CII) for FY 2023-24/ AY 2024-25 notified by CBDT........
New PAN Aadhaar linking last date is 30th June, 2023, subject to payment of fee for Rs. 1000/-.........
Employees Provident Fund Organization has fixed 8.15% interest rate on employees' provident fund for 2022-23........
CGST notifications 02/2023 to notifications 09/2023 issued on 31st March 2023........
On 6th April 2023, Reserve Bank of India (RBI) keeps repo rate unchanged at 6.5%........
10 Big Income Tax Rule changes from 01 April 2023.........
Revised Interest Rates for Small Savings Schemes 1st quarter 2023-24.........
CBIC reduces e-Invoicing limit from 20 crore to 10 crore w.e.f. 01.10.2022.........
CBDT reduce time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data of ITR electronically (Notification No. 5 of 2022 dated 29.07.2022).........
Finance Act 2022 inserted a new section 194R & 194S in the Income-tax Act, 1961, with effect from 1st July 2022.........
CBDT extended date for filing Form 10AB till 30th September, 2022........
Income from transfer of digital assets such as crypto to be taxed at 30%.......
the Finance Ministry proposed to increase the threshold of employers contribution to the National Pension Scheme (NPS) Tier-I account from 10% to 14%.......
A new provision is introduced to allow taxpayers to update the past return and include omitted income by additional tax payment.......
Centre Notifies Rules to Divide Provident Fund Into Two Accounts — Taxable & Non-Taxable......
Change in GST Rates on goods being used in Covid-19 relief and management.......
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