Business & Finance Scheme
CA A.Razzaq Income Tax Deductions Guide Section 80 Deductions For FY 2020-21 (Including Budget 2021 Amendments) Whether you work for the government or for a private company, you can easily enjoy the benefit of Income Tax Deductions under Section 80C. There are also some Income Tax Deductions that you can claim in order to reduce your income … Read more
Gratuity Calculator The Gratuity Calculator determines the lump sum amount that a person may get upon leaving a job after working for at least five years in a row. What is Gratuity? Gratuity is the sum paid by an employer to an employee in exchange for services rendered to the firm. However, the gratuity is … Read more
In India, the Public Provident Fund i.e., PPF was established in 1968 to mobilize small savings in the form of investment with a return. It’s also known as a savings-cumulative-tax savings investment vehicle since it allows you to create a retirement fund while lowering your annual taxes. Anyone looking for a risk-free way to save … Read more
File ITR Online An income tax return is a form that a person uses to declare his or her earnings, spending, tax deductions, investments, and taxes, among other things. The Income Tax Act of 1961 makes it essential for a taxpayer to file an income tax return in a variety of situations. An income tax … Read more
ITR e-filing 2.0 Portal On June 7, 2021, the Income Tax Department launched its new e-filing system i.e. e filling 2.0 at www.incometax.gov.in. The new website promises to provide taxpayers with comfort and a “modern, seamless experience”. To all taxpayers, The Income Tax Department is pleased to announce the launch of its new e-filing system, www.incometax.gov.in, … Read more
We all must have heard about CIBIL Score and How to Check CIBIL Score. Borrowing and lending are concepts that most of us are familiar with. You’ve probably met at least one person who has a habit of forgetting to repay money borrowed. Because of their forgetfulness, this makes you think twice about lending to … Read more
PF Balance Check: How to Check PF Account Balance & Statements from EPFO Employee Provident Fund (EPF) is a retirement savings plan for employees. Both the employee and the company contribute an equal amount to a savings account that can be used when the employee retires or changes jobs. For the fiscal year 2020-21, the … Read more
PF Withdrawal Guide From June to August 2020, the Government of India will pay the employer and employee contributions to employees’ EPF accounts for extra three months. The incentive is available to businesses with up to 100 employees and 90% of those employees earning less than Rs 15,000 per month. Non-government organizations’ EPF contributions have … Read more
About e Way Bill? Detailed E Waybill Rules & Generation Process When specific conditions are met, transporters must carry an E Way Bill when transferring goods from one location to another under GST. The following subjects are covered in this article: What is an eWay Bill? EWay Bill is an electronic way bill that can … Read more
Virtual ID (VID): Unique Identification Authority of India – UIDAI The Unique Identification Authority of India (UIDAI) has implemented a new feature to improve data security. Aadhar Virtual ID is the name of this new layer of security (VID). Instead of the Aadhaar number, this new feature will enable transaction authentication by giving authorized agencies … Read more