Rising Bharat – Budget Highlights for FY 2023-24
The 2023 Union Budget of India was presented by the Minister of Finance of India on February 01, 2023. This was the fourth budget of the Narendra Modi-led NDA government's…
What is TDS, why it is deducted and to whom?
tax deducted at source
TDS or Tax Deducted at Source is a specific amount that is reduced when a certain payment like salary, commission, rent, professional fees, interest, etc. is paid by the person.…
It is almost the end of the Fiscal year – Did you provide Form 16 to your employees
employer should provide form 16 to employees
Form 16/16A It is a mandatory TDS certificate issued by the employer to the employees. This certificate of deduction of tax at source and issued on deduction of tax by…
Gross Pay Vs Net Pay – A small guide
gross pay vs net pay. What is the difference b/w them?
It's not easy to dive into the salary structure pool, especially if you're an employee who isn't aware of the latest changes on salary and tax. The payroll process can…
What are Form 16, 16A, 16B, 26AS, 27A, 27B & how are they different?
Form 16 sumopayroll
Basically, these forms are TDS certificates, with the following differences Form 16 Form 16 is issued by the Employer to Employee. Issued annually before 15th June Want to check how…
