FSSAI Online Registration | Food License Eligibility, Documents, Procedure with Fee

The Food Safety and Standards Authority of India (FSSAI) was established to set science-based standards for food articles and to regulate their manufacture, distribution, storage, sale, and import in order to assure the availability of safe and wholesome food for human consumption. The article is equipped with FSSAI Online Registration details that will be coming … Read more

TDS Rate Chart FY 2021 – 22 AY 2022 – 23 | New Applicable TDS Rate (Download)

TDS (Tax Deduction at Source) is a significant compliance requirement for Income Tax Assessees. The numerous TDS rates, nature of payment, and TDS threshold limits are specified in various parts of the Income Tax Law, which have been summarized in this article. If the payment exceeds the threshold limit provided in a given section, then … Read more

Income Tax Slabs 2021 | Revised Tax Rates for FY 2020-21/AY 2021 – 22 (New Tax Regime)

On February 1, 2020, India’s Finance Minister, Nirmala Sitharaman, presented the Union Budget, 2020, which included New Income Tax Slabs. Regular individuals, senior citizens, and HUFs now have access to a new tax regime that allows them to pay taxes at lower income tax slab rates. Let’s look at the income tax slabs for 2020, both … Read more

National Savings Certificate | NSC Scheme, Tax Benefits & Interest Rate

An Indian Resident can obtain a National Savings Certificate (NSC) at any post office to save money on taxes as per the tax savings scheme under section 80. NSC is typically favored by risk-averse investors or those trying to diversify their portfolios with fixed return instruments because it offers a fixed return and is supported … Read more

7th Pay Commission Table Matrix | 7th CPC Chart & Report Summary

The Government of India established the Pay Commission in 1947 to make recommendations on improvements to the salary structure of its employees. Seven Pay Commissions have been established on a regular basis since India’s independence to assess and offer suggestions on the work and pay structure of all civil and military divisions of the Indian … Read more

What is Professional Tax | Calculation | Deduction & Tax Rates

Professional tax is a type of direct tax that is levied on those who earn money from their jobs, professions, or trading. A lawyer, teacher, doctor, chartered accountant, and other practicing professionals are examples of practicing professionals. Employers deduct the tax from the employee’s monthly salary, which is then deposited with the state governments. Apart … Read more

udyamregistration.gov.in, MSME Online Registration | Requirement, Fee, Certificate Download

The Government of India in agreement with the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006, has introduced Micro, Small, and Medium Enterprises (MSME Registration). These enterprises specialize in the production, manufacturing, processing, or storage of goods and commodities.MSMEs in India account for around 8% of the country’s GDP, 45 percent of manufacturing … Read more