Here are some advantages of filing ITR: Loans Having filed the ITR will help individuals, like the one in the example above, when they have to apply for a vehicle loan (two-wheeler or four-wheeler). All major banks can ask for a copy of tax returns. State Bank of...
income tax
File your Income Tax Return for Assessment Year 2014-15 and 2015-16 by 31st March 2016
The Central Board of Direct Taxes (CBDT) has notified the Income Tax Returns (ITR) for Financial year 2014-15 (Assessment Year 2015-16). The new ITR forms have been released by CBDT for FY 2014-15 Income Tax Returns Filing. What is Assessment Year & Financial...
Direct Foreign Direct Investment (FDI) in India
After hearing enough rambling on FDI’s and its pressing have to be compelled to stop Indian monetary unit fall, one is incredibly curious to grasp concerning FDI and making an attempt to grasp what qualifies as FDI and what routes square measure out there for them to...
Swachh Bharat cess of 0.5% on taxable services
Government might get Rs.400 cr in financial year 2016 via this levy The government will impose a Swachh Bharat Cess of 0.5 per cent on all services presently liable for service tax, with effect from November 15, the finance ministry stated on Friday. The proceeds are...
Want to setup in India
In recent past Government of India has opened its doors for international companies to open their subsidiary company in India or branch in India. This move was highly welcomed by international business community and hence many international brand have started their...
Rules for filing Tax Returns
New forms, additional information, completely paperless filing.... the Finance Ministry has introduced several changes in the way taxpayers will file their returns this year. As a taxpayer you need to be aware of these changes lest you file an incorrect return that...
How to Register a Company in India
Registering a startup or a new business or a company in India first one has to go by, there are some official procedures a startup or a company has to follow in order to register them in Indian official records, MCA (ministry of Corporate Affairs) has to made...