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taxation

PUNE PROPERTY TAX

PUNE PROPERTY TAX INTRODUCTION Pune municiple corporation (PMC) or Pimpri Chinchwad Municipal Corporation (PCMC) is responsible for assessment of property and to give it a value and to levy tax on real and personal property […]

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taxation

PROPERTY TAX IN MUMBAI

INTRODUCTION TO MUMBAI PROPERTY TAX   Municipal Corporation of Mumbai which is also known as Brihanmumbai municipal Corporation (BMC) in Marathi and municipal of Greater Mumbai in English is responsible for maintaining civic amenities and […]

taxation

Is pension a subject to tax?

Is pension a subject to tax? INTRODUCTION It is stated in the Income tax return that the pension paid to a beneficiary is taxable under the head salaries. Pension is conventionally reimbursed on a monthly […]

taxation

Taxable Stipend Income

Taxable Stipend Income   Tax collection of Stipend Income has involved much discussion. In the Income Tax Act from a simply genuine point of view there is no notice of ‘stipend’.   ‘Salary’ gotten by […]

taxation

Two Slab GST Rate

Two Slab GST Rate Possible in the Future   GST has been actualized in India from the first of July 2017. GST has incorporated huge numbers of the aberrant duties into one single routine and […]

taxation

TDS on Salary

Tax Deduction at Source (TDS) or TDS on Salary is obligatory for businesses in India paying compensations to representatives on which pay charge is pertinent. For any salary chargeable under the “Pay rates” grouping, the […]

taxation

Unexplained Cash Credit

Unexplained Cash Credit Unexplained cash credit is any cash credited to a citizen for which the citizen can’t give any clarification about the nature or wellspring of the cash. Under Income Tax Act, any unexplained […]

taxation

Types of tax in India

Types of tax in India “Taxes are paid and countries are made”. Anyway very few know that administration requests to settle government expenses in various conduct. Taxes are money related charges forced on an individual […]