India is one of the biggest democracies in the world. In order to ensure law and order throughout this vast country, every state has its own judiciary system in place. Under the judicial structure of each state of India, the High Court is regarded as the highest authority. Below the High Court, other courts make […]
subordinate revenue court Read More »
The Ministry of Corporate Affairs (MCA) endeavors of implementing the launch of a new set of forms on the MCA V3 portal, MCA is set to launch a third set of Company Forms covering nine e-forms on 15 July 2024 at 12:00 AM. In order to facilitate the implementation of these forms on the V3
Recent upgradation of MCA website Read More »
Form 16/ 16A, which your employer furnishes before filing your taxes for the relevant financial year. It is to be noted that Form 26AS and Form 16/16A should have the same amount deducted as Tax Deducted at Source (TDS). However, there might be inconsistencies in the TDS amount deducted for various reasons, including clerical mistakes.
rectification of tds mismatch in form 26as Read More »
Setting up a petrol pump in India involves a structured process, and obtaining a license is a crucial step in this venture. With the increasing demand for fuel across the country, the petrol pump business presents a lucrative opportunity. However, navigating the licensing procedures is vital for a smooth establishment. To initiate this process, individuals
Petrol Pump License Read More »
Individuals with their total income below the taxable limit can submit Form 15H and Form 15G to the bank and ask them to not deduct TDS on the amount of interest. These forms help claim receipts without any tax deduction. Form 15G and Form 15H are self-declaration forms provided by the Income Tax Department in
Form 15G, Form 15H to Save TDS on Interest Income Read More »
GSTR-3B is the summary return that taxpayers must file regularly to show details of sales, ITC claims, tax liability, refunds, etc recorded on their GSTIN. The implementation of the GST regime has successfully eliminated the cascading taxation effect and has simplified the overall process. Since its introduction, several GST returns forms have been introduced catering
The GST (Goods and Services Tax) regime was introduced on July 1, 2017. It is one of the most significant and revolutionary indirect tax reforms in India post-independence. GST subsumed a number of indirect taxes levied by the Central and State Governments. Taxes such as Central Excise duty, Service Tax, VAT, Purchase Tax, Central Sales
What is SGST, CGST, IGST and UTGST? Read More »
Per square foot guidelines value for various kinds of lands and buildings is notified by the state government for all zones. Guideline value can be updated periodically by the state government, so state government takes average market values of last 6 months or 1 year and update the guideline value and they also take into
Madhya Pradesh Property Valuation Read More »
Overview of the scheme Name of the scheme Chief Minister’s Small Industry Promotion Scheme. Starting date 17 December 2019. Benefit Loan ranging from Rs 25 lakh to Rs 10 crore for setting up an enterprise. Nodal Department Commissioner of Industries, Commerce & CSR. application system Online through Rajasthan SSO Portal. About Mukhyamantri Laghu Udyog Protsahan Yojana
Rajasthan Chief Minister Small Industries Promotion Scheme Read More »