Section 194R requires a person, who is responsible for providing any benefit or perquisite to a resident to deduct tax at source 10% wef 1.07.2022 of the value or aggregate of value of such benefit or perquisite before providing such benefit or perquisite in cash or in kind. The recent Income tax Department circular contains … Read more Tax will now be deducted under Sec. 194R on foreign trips, gifts, free sample
New ITR Forms issued for AYR 2022-2023 Know 6 additional information which Taxpayers will now have to give while filing ITR for FYR 21-22. Details Of A Pension Pensioners must disclose the source of their pension on ITR forms for FY 2021-22. Pensioners must choose the following options from the “Nature of Employment” drop-down menu:SC … Read more 6 Additional information in New ITR which taxpayers will now have to give for FYR 2021-22.
Are we really in Stock market bubble? What is Stock Market Bubble ? Unjustifiable High Prices of the shares is a bubble as a result of bullish sentiment in the market. 2. Can bubble be Measured ? Bubble can be measured by comparing traditional or historical prices movements with high prices resulting from bullish sentiments. … Read more Will Stock market bubble burst or enlarge?
General believe lies among several goes saying Stock Market is very unstable, turbulent, uncertain, gamble and nobody likes taking risks in terms of hard earned money. But the truth lies in fact It has given Extraordinary returns to discipline Investors who understood the power of compounding at Early age and shown good character in investing … Read more Where to Invest Money in India Now – Booming Market & Money Making
You could say that all of life is a series of last chances as Opportunity neglected can never be recovered and nothing is more expensive than a missed opportunity and we never learn from first mistake or second mistake or third. It only hit us when we are given the last chance. I have listed out … Read more Last call to complete 10 pending works before 31st march. Check if you are Tax compliant or not?
10 Ways to Reduce Your Taxes for FYR 2020-21 Its income tax time again, time to gather up all receipts, get out those mind bothering calculations, stab yourself to derive opportunities, tax cuts and reduce you taxes before late. I have tried to point out the best tax saving options help you achieve tax cuts:- … Read more Hurry! Last Month Left for doing Tax Savings Investments:
The yellow metal has historic time-tested (decade old) importance: “It preserves your purchasing power” it’s considered a very good and safest investment component. We have witnessed during every financial crisis, entire world flock to the safe heaven of gold. HOW MUCH SHOULD YOU INVEST IN GOLD DURING FYR 2021-22 ? The answer is yes. And … Read more IS GOLD GOOD INVESTMENT FOR FOR YOU IN FYR 2021-22 ?
“Money is the matter of Function Four :- A Medium, A measure , A standard and A Store.” And “credit score” in today’s world is something that we cannot ignore especially if its bad and Need all efforts for corrections and improvements as Money is integral part of our Livelihood. What is a good credit … Read more How to improve CIBIL score quickly-“guaranteed tips”
Direct Taxes:– No Changes in Income Tax Slab Rates as compared to last Year. Vivad Se Viswas Scheme Last Date of filing extended to 28th February, 2021 Citizens of age 75 years and above who have only Pension and Interest income – Neednot file Income Tax Returns. But no exemption in payment of … Read more HIGHLIGHTS OF BUDGET 2021
“ART OF FUND RAISING“ Business profile should be sound. CIBIL Record should be good Documentation should be complete. Project Report/Projections should be sound. Bank transactions should be frequent with constant inflows. Cheque should not be bounced in past 3 months period. ITR should be filed in timely manner with a minimum gap of six months … Read more “Capital crunch in business” – 10 possible ways of refinancing your business- “ART OF FUND RAISING”