How can I file my income tax return online and that too free. Here is a step by step guide to file your income tax return online. Introduction When a person exceeds the basic exemption limits, he files the income tax return.Income tax is not collected from the person whose Income is below limit as…
What is GST E-Way Bill? How to register and generate E-Way Bill from the portal? What are GST E-Way Bill rules and when are the rules applicable? How to login on portal and get the format of E-Way Bill? What is GST E-Way Bill ? E-Way bill is an electronic document which is required to…
What is GST on life insurance premium? What are GST rates on health, car, bike insurance premium? Insurance sector plays a vital role in the country and this industry is gradually going forward. The Government is also taking initiative to boost this industry. To boost this sector, it has also introduced many policies like Pradhan…
What does ELSS mean? Which are the best ELSS Funds in India for FY 2018-2019? Why do we call it Tax Saver Mutual Funds? What are the tax exemptions, we get under tax saving Mutual Funds? What are different types of options to choose while investing in tax saving best ELSS funds? We are again into another tax…
What is Form 15H and 15G? How can Form 15H help to save income tax for Senior Citizens and from where you can download it? How it is different from Form 15 G? Over the years, there will be times in your career graph, where there will be gaps. These gaps could signify simple breaks…
GST has been rolled out in India with effect from 01st July, 2017 Why is GST Important? Prior to GST, there was Excise Duty or VAT being levied on products and Service tax on services. There were significant number of litigations on what to be considered as merchandise and what to be considered as service…
There is a lot of confusion on GST rate on real estate, be it GST rate on under construction property or completed property. Let us see what were the taxes before GST and what are the current GST rate on real estate. Goods and Services Tax (GST) – An Introduction Unless you have been living…
If you go through the break-up of your CTC statement, you will find a term HRA, which stands for House Rent Allowance. It is paid to compensate the employee for the rent he is paying in the absence of a company quarter.So is “House Rent Allowance (HRA)” a taxable income for you? The answer is…