Top highlights of the budget 2019 that need to know
The union budget is an important day for the salaried classes, as they keep an eye on the tax reforms and sops about their income. A detailed plan and tax…
Time to Know about Income Tax Savings
Income tax is the unfortunate reality of income. If given a choice, most of us wouldn't want to pay tax on the income we earn. But we should, because the…
Generate Form 16B and file Income Tax Returns!!
What is Form 16B? Form 16B is a document that is issued to salaried personnel in India by their respective employers at the end of a fiscal year. The certificate…
Your Guide to Income Tax in India – Tax Slabs (Financial Year 2017-2018)
Everyone who earns or gets an income is subject to Income Tax in India. This applies to a resident or a non-resident of India as well. Income could be from…
Benefits of Tax Saving!
While investing in a tax-saving instrument or any investment for that matter, it is important to keep an eye on the taxability of its income. If the income earned is…
How do you Review Employee IT-declarations?
Filing the Income Tax Returns with proper planning is very important. Income Tax laws appear so complex that people are scared to deal with their taxes. Planning the taxes properly…
Are you Paying the Employees Subject to Payroll Taxation
The Income Tax Act has made the income of employees chargeable to tax. The employer is responsible for the payment of Tax Deducted at Source (TDS) for the salary that…
Tips for Preventing a Tax Audit for Small Businesses
A Tax Scrutiny Audit Notice can be a frustrating and time-consuming exercise for business owners. While honest owners have nothing to worry about, it's still worth taking the necessary steps…
Top 3 ways to do to reduce chances of a TAX AUDIT
Some of the audits are totally random, with nothing the individual taxpayer did to generate many audits are actually instigated by the taxpayers themselves. An audit is simply the Income…
How do you pay and process your employee payroll taxes?
When an employee joins, the organization should request both the employee tax code and National Insurance number. Using this information, along with their earnings to date, they can calculate how…
