Generate Form 16B and file Income Tax Returns!!
What is Form 16B? Form 16B is a vital document employer issue to salaried individuals in India at the end of the fiscal year. This document serves as a comprehensive…
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 slabs in India. This applies to a resident or a non-resident of India as well. Income could be…
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. Taxes can constrain long-term earnings…
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 paying Tax Deducted at Source (TDS) on the salary paid to employees…
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 reduce chances of a TAX AUDIT
Some of the audits are random, with nothing the individual taxpayer did to generate many audits are instigated by the taxpayers themselves. An audit is simply the Income Tax Department…
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. With this information, along with their earnings to date, individuals can estimate the…