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New Income Tax Rate for manufacturing companies @ 17.01%
To boost manufacturing in India and to promote SMEs, Government took this initiative of reduced tax rate for manufacturing Company. Let...
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Relief for PPF, Sukanya Samriddhi Yojana account holders! Deposit, withdrawal changes for COVID-19 announced
The government has relaxed the provisions for account holders of PPF, Sukanya Samriddhi Account (SSA) and Recurring Deposits. In view of...
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Summary of Relief Package recently announced by Indian Government
Within 3 days of 21day Lockdown, Government of India has announced Rs 1.7 lakhs crore relief package for the people hit the hardest due to...
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Extension in date of submission of LFAR (Long Form Audit Report) by one month
RBI today i.e on 12/04/2020 extended the timeline for submission of LFAR (Long Form Audit Report) by the statutory auditors to the banks...
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The amended EPFO (Amendment) scheme, 2020 has come into force from March 28 2020 to Fight Covid 19.
The ministry has issued a notification in regard to withdrawal an amount from EPFO Account on March 28, 2020 to amend the Employees'...
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Section 194J T.D.S on Fees for Professional or Technical Services
The present article features the TDS provisions contained under section 194J of the Income Tax Act, 1961 relating to the TDS deduction on...
