E-Way bill is a document with a unique number required to be generated at the time of the transportation of goods. Every registered person, transporting the goods, having Value more than Rs. 50,000 shall generate the E-way bill. It contains the details of the goods, supplier, recipient, and transporter. In this article, we will share […]
Employees Provident Fund (EPF) is a saving scheme that helps the employees to save corpus for retirement. The scheme is governed under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 and regulated by the Employees’ Provident Fund Organisation (EPFO). As per the EPF scheme, employers and employees are under the obligation to contribute a […]
EPFO Portal has made the services easy for its members through the SMS facility. However, the members should ensure that they have registered their active mobile numbers on the portal; otherwise, they will not be able to receive the updates regarding their EPF account. Here in this article, we will share the step by step […]
From June 2013, it is mandatory to deduct TDS on transfer of immovable property and generating TDS certificate in Form 16B. Here in this article, we will share the complete step by step guide on making TDS payment under section 194-IA, generating Form 26QB and Form 16B and their due dates. Section 194-IA Section 194-IA […]
HRA is the amount paid by the employer to employees towards the payment for accommodations every year. It is a part of salary and a way to get the income tax benefit under section 10(13A). In this article, we are going to explain everything about HRA exemption, how to claim HRA, TDS provisions on rent, […]
The online banking system has made our life more comfortable. Now, we don’t have to wait in queues for a longer time. Although you can operate every bank transaction from your online banking such as opening an account, transferring funds, making payments, apply for loans, or opening the deposit accounts. Similarly, NEFT is one of […]