What is TDS? TDS is basically Tax Deducted at Source. According to the Income Tax Act – people in charge of making installments are required to deduct tax at source at recommended rates. Rather than getting tax on your salary from you at a later date, the govt needs the payers to deduct tax before…
Read MoreCurrent expense administration Give us a chance to take a gander at how the estimation of products and enterprises is figured in the present administration, with the assistance of an illustration: Super Cars Ltd, an auto producer, offers save parts to Ravindra Automobiles, their merchants for Rs 6,000. The MRP of the extra parts is…
Read MoreGST Rate Structure Finalized, Panel Fixes Rates At 5%, 12%, 18% & 28% NEW DELHI: A 4-tier GST tax structure of 5%, 12%, 18% & 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also engage an additional cess, was decided by the all- powerful GST Council on Thursday. With a…
Read MoreIn this article you can find all differences between Present Tax Structure and Goods and Service Tax Structure like – Difference between Broad scheme, Difference between Tax rates, Difference between Tax burden, Difference between Concurrent Power, Difference between Compliance, Difference between Transparent Tax Administration, Difference between Cascading effect etc. Present Tax Structure Vs GST Structure S.N. Issues Present Structure GST Structure 1 Broad scheme…
Read MoreWhat is GST? August 3rd, 2016 will be recorded as a red letter day in the history of Indian taxation due to the near consistent passage of 122nd Constitutional Bill in Rajya Sabha, paving the way for roll-out of GST in India from 1st of April 2017. GST Bill has significantly evolved over the past decade and…
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Read Moreआज के युग में हर तरफ ‘e’ यानि इलेक्ट्रॉनिक क्रांति का संचार हो रहा है. Govt. हर सेवा ऑनलाइन कर रही है, इनमे से कुछ सेवाओ का आप भी लाभ उठा रहे हो जैसे कि ‘e’ Banking, ‘e’ Shopping, ‘e’ Billing, ‘e’ reservation, ‘e’ Tendering, ‘e’ Governess, ‘e’ Admission , ‘e’ Filing of Returns Forms कि सुविधा है.इस…
Read MoreWindows Functionality Availability F1 To select a company At all masters menu screen F1 To select the Accounts Button At the Accounting Voucher creation and alteration screen F1 (ALT+F1) To select the Inventory To view the detailed or condensed report At the Inventory/Payroll Voucher creation and alteration screen In almost all the Reports F1…
Read Moreआज के युग में हर तरफ ‘e’ यानि इलेक्ट्रॉनिक क्रांति का संचार हो रहा है. Govt. हर सेवा ऑनलाइन कर रही है, इनमे से कुछ सेवाओ का आप भी लाभ उठा रहे हो जैसे कि ‘e’ Banking, ‘e’ Shopping, ‘e’ Billing, ‘e’ reservation, ‘e’ Tendering, ‘e’ Governess, ‘e’ Admission , ‘e’ Filing of Returns Forms कि सुविधा है.इस…
Read MoreThe world of an accountant can be a varied and interesting one. While there are several different types of accountants, they generally fall into four broad groups: public accountants, management accountants, government accountants and internal auditors. So what accounting field is right for you? • Public accounting is the broadest field in accounting. Public accountants includes…
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