Online GST Registration process

Online GST Registration process

Posted Leave a commentPosted in GST

In this article, we are going to discuss “How to register GST in India” – A step-by-step guide will help you complete the registration process. We are going to divide this article into three parts: Eligibility of GST registration:  Every business involved in buying and selling of goods or service are required to obtain GST […]

Leave Travel Concession (LTC)

Leave Travel Concession (LTC)

Posted Leave a commentPosted in Income Tax

The Income-tax act provides various exemptions and allowance benefits to salaried individuals. Leave travel concession (LTC)/Leave travel allowance (LTA) is one of the allowances that become the component of the salary of the employee.  LTC is provided by the employer to employees to meet the travel expenses when the employee is on leave from work. […]

New Income Tax Return (ITR) Forms for AY 2020-21 are out: Know the changes

New Income Tax Return (ITR) Forms for AY 2020-21 are out: Know the changes

Posted Leave a commentPosted in Income Tax Return, Incometaxefiling

The Finance Minister Nirmala Sitharaman has extended the due date of filing the Income-tax returns has from July 31 to November 30. Therefore, the taxpayers got four months’ additional time to file returns for 2019-20. Now, the Central Board of Direct Taxes (CBDT) has notified the new Income tax return forms for the financial year […]

Types of Joint accounts in Banks

Types of Joint accounts in Banks

Posted Leave a commentPosted in Banking

What is a joint account? Joint account is a bank account in which two or more persons are account holders to operate the bank accounts.  Why do you need a joint account? A single operating account is more comfortable and independent to operate. However, sometimes in the absence of yours, there is a need for […]