TAN stands for Tax Deduction and Collection Account Number. It is a ten digit alphanumeric number required to be obtained by all persons who are responsible for deducting or collecting tax. Under Section 203A of the Income…
What is Director Identification Number? DIN is a unique Director Identification number allotted to an existing or a proposed Director of the company allotted by the Central Government. DIN once allotted is valid for lifetime of a director…
A New announcement in Budget 2019 GST registered MSMEs can get 2% interest subvention from Government for incremental loans of Rs 1 crores under the MSME Credit Scheme. MSME stood for Micro, Small and Medium Enterprises.…
Seven Changes in Income Tax Laws come into effect from September 1 Generally Income tax related changes announced in the Budget usually come into effect from April 1. But in the FY 2019-20 budgets was…
NEW DELHI: India announced an extensive consolidation of state-owned banks that will see 10 of them being merged to form four bigger lenders to strengthen a sector struggling with a bad-loan cleanup and aimed at…
New Delhi, Aug 26 The finance ministry on Monday said the last date for filing annual GST returns has been extended by three months to November 30 as taxpayers were facing technical problems in furnishing…
The budget has been presented with a 10-year vision in mind. The startups are being given a whole set of tax benefits. -The budget is for a New India has a roadmap to transform the…
Most employees receive HRA as part of their salary. The intention is usually to meet cost of a rented accommodation that you may be living in. In case you pay rent, a portion of the…