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Form 26AS – Here’s All You Need To Know About IT

The deadline to file your income tax for assessment year 2016-2017 nears. At such a time, knowing the amount of tax you need to pay can be helpful. It will help you to assess the financial impact on your income. Also, you will get to know if your employer deducts tax from your salary and if yes, then how much …

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Now, Withdraw Your EPF Money In Five Days!

EPF money withdrawal is one of the biggest issues that bugs an average Indian. After all, the process is quite cumbersome. In fact, it is such a harassing process that it takes months or even years (for some) to get their hands on their own money. The part where one was required to get their withdrawal form attested by existing employer …

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Relaxed GST Enforcement: Three Reasons Behind The Move

Goods and Services Tax or GST has been rolled out in India. However, the process has not been as smooth as it should have been. Businesses have been impacted since the indirect tax reform came into force in India. Some businesses have been able to cope with the changes in time but majority are yet to adapt to the new system. For this …

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GST On Textiles – All You Need To Know

GST or Goods and Services Tax may have come into effect a few days ago, but its effect is far-reaching. Textile industry’s reaction to GST has been largely favourable. However, certain bits like high tax incidence on finished garments, etc. is something few people have clarity upon. So, we thought why not take this topic up and break it down in simplest terms …

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GST On Medicines – All You Need To Know

Goods and Services Tax (GST) is a landmark reform which recently came into effect in India. The aim to roll out such a reform is to ensure there is a single tax system across the country in future. Presently, the GST system places goods and services in four tax slabs – 5, 12, 18 and 28 per cent. But there …

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GST On Gold – Here’s All You Need To Know

GST or Goods and Services Tax came into effect across India on July 1, 2017. A number of goods and services have become cheaper since then. However, certain grey areas in the landmark reform remain. For instance, alcohol curiously does not come under GST. Many waited for residential property rates to come down, but so is yet to happen. One such grey …

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