GSTN has announced major changes to the Invoice Management System (IMS) effective October 2025. Key updates include pending ...
MCA has widened the scope of fast-track mergers and demergers under Section 233 of the Companies Act, 2013. Learn about the ...
A sole proprietorship is one of the simplest and most popular business structures in India, owned, managed, and controlled by a single individual. With minimal compliance requirements and easy setup, ...
Seven digit BSR code of the bank branch where tax is deposited. Date of Deposit of tax. Serial Number of Challan. Example of CIN The taxpayer is entitled to request for correction in the challan ...
According to Section 192 of the Income Tax Act 1961, an employer deducts TDS while paying salary to an employee. An employer has to file salary TDS return in Form 24Q, which has to be submitted on a ...
In the colloquial sense, taxpayers can understand total income as the total amount of income earned in a financial year. However, according to the Income Tax Act, Gross total income should be ...
Basic Salary-Fixed part of the salary which does not include benefits, bonuses or any other potential form of compensation from the employer Fully Taxable Allowances Dearness Allowance (DA) Cost of ...
"Profit and gains of business or profession" is one of the heads of income under the Income Tax Act. For the purpose of ascertaining the tax liability of a taxpayer, the Income Tax Act divides the ...
Refer to the article on How to get FSSAI Food Product Approval to know more. Eligibility Criteria for Food Business Registration/License The document attached here provides eligibility criteria for ...
Form 3CEB is report from an accountant to be furnished under section 92E relating to international transaction(s) and specified domestic transaction(s). What are the documentation requirements for ...
Income Tax Deductions under Chapter VI A of the Income Tax Act pertain to reductions in taxable income for individuals or businesses, thereby lowering their tax liabilities. Sections 80C to 80U of the ...
ROYALGLO NEXT ACADEMY PRIVATE LIMITED is a Private Limited Company, governed by the Companies Act as a company limited by shares. Classified as a Non-government company, it is registered under the ...