The government might introduce a tax on cash withdrawals exceeding Rs 10 lakh a year, according to a report by The Times of India. The move will help the government clamp down on black money and promote digital payments. Another proposal…
Form 16 is the annual salary TDS (tax deducted at source ) certificate issued by an employer to employee. It consists of 2 parts, Part A and Part B. Part A contains the employer, employee and employment details such as PAN, address, summary…
Instructions for the purchase of laptops/notebooks and similar devices for eligible officers – Clarification regarding admissibility of Taxes/GST on the price ceiling.
Save tax on home rent even without House Rent Allowance (HRA) benefit
The tax department will likely withdraw a show-cause notice issued to several banks asking them to pay the service tax on ‘free services’ provided to customers, following the finance ministry’s intervention.