INCOME SLAB AND TAX RATES FOR F.Y. 2020-21/A.Y 2021-22 Income Tax Rate & Slab for Individuals & HUF a) Individual (Resident or Resident but not Ordinarily Resident or non-resident), who is of the age of…
1. What is Form 15G and Form 15H? Form 15G and Form 15H are forms you can submit to prevent TDS deduction on your income, if you meet the conditions mentioned below. For this, PAN…
Senior Citizen Savings Scheme (SCSS) Interest: From 01.04.2020 , interest rates are as follows:-7.4 % per annum, payable from the date of deposit of 31st March/30th Sept/31st December in the first instance & thereafter, interest…
ICSI Unique Document Identification Number (UDIN) Guidelines, 2019 was amended by the Council meeting held on 13th July, 2020. The amendments shall be effective from 01st September, 2020. As per the Latest amendments, it is now…
PAN is a 10-digit unique identification alphanumeric number (containing both alphabets and numbers) assigned to Indians, mostly to those who pay tax. Through this method, all tax-related information for a person is recorded against a…
Post Office Monthly Income Scheme Account (MIS) Interest: From 01.04.2020, interest rates are as follows:-6.6 % per annum payable monthly.Minimum Amount for opening of account and maximum balance that can be retainedIn multiples of INR…
GST authorities to get real-time data of commercial vehicles GST officers can have real-time data of commercial vehicle movement on highways with integration of the e-way bill (EWB) system with FasTag and RFID. A features…
Post Office Time Deposit Account (TD) InterestInterest rates From 01.04.2020 to 30.06.2020 PeriodRate1yr.A/c5.5%2yr.A/c5.5%3yr.A/c5.5%5yr.A/c6.7 % Interest payable annually but calculated quarterly. 2. Minimum Amount for opening of account: Minimum INR 1000/- 3. Maximum balance that can…