by user | Feb 10, 2019 | Uncategorized
While there are no changes proposed in personal Income Tax rates and slabs, the Government has made certain key proposals to provide relief to small taxpayers, especially to middle class and salaried earners in the form of: Rebate on tax for total income of up to INR...
by user | Feb 5, 2019 | Uncategorized
AGRICULTURE/FARM SECTOR Total allocation for the Agriculture sector has seen an increase of 73% over2018-19 (Revised estimate). The Government announced the Pradhan Mantri Kisan Samman Nidhi (PMKISAN) scheme, which will provide a guaranteed income of INR 6,000 per...
by user | Feb 1, 2019 | Uncategorized
BUDGET 2018 HIGHLIGHTS – DIRECT TAXES TAX RATES No change in tax rates and basic exemption limit Tax rates continue to be same for A.Y. 2019-20 as applicable for A.Y. 2018-19. Further, there is no change in the basic exemption limit. Health and Education Cess:...
by user | Jan 20, 2019 | Uncategorized
What does online information and database access or retrieval services mean? Online information and database access or retrieval services [OIDAR] means services whose delivery is mediated through the internet. The supply is essentially automated involving minimal...
by user | Jan 13, 2019 | Uncategorized
In this article, we have covered important details on the deduction of TDS and TCS under GST. Let us go through the process of GST registration for e-commerce operators and the forms required by taxpayers who have to deduct/collect TDS/TCS. Currently Rate of TCS is...
by user | Jan 7, 2019 | Uncategorized
Major Source of Income of Tour Operator & Travel Agents: Commission from Airlines& any mark-up amount from passengers. Sale Tour Packages, both inbound and outbound Travel Related Services like Visa, Passport etc. Hotel Bookings CAR Rental Services, Travel...