Latest changes in rules of income tax on PF premature withdrawal: “From June 1, workers’ retirement investment funds surpassing Rs 30,000 will be taxed at 10.3% or the maximum marginal
TDS ( tax deducted at source) payment is one of the important task in finance due to heavy interest on late payment of TDS and heavy fees on late filling
Section 44AD and section 44ADA provides special provisions to compute business profit at presumptive basis. You can declare profit up to certain % of your business turnover without maintaining books
NRI taxation in India is governed by NRI income tax rules. Non residential indian should know seven income tax rules before deciding taxability of income earned by him in India.