Income Tax Act

From Hours to Minutes: PlutusCo’s AI-Powered Workflow Revolution

General, Income Tax Act /

From Hours to Minutes: PlutusCo’s AI-Powered Workflow Revolution In Brief: What We Will Be Covering Traditional workflow and AI-powered workflow Time savings examples in key tasks Collaboration between Humans and AI in our delivery model How this transition impacted our service standards What that implies for expanding businesses How Is Plutus Using AI to Revolutionize […]

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Which Is Better for Your Company, a VCFO or a Traditional CFO?

General, Income Tax Act /

Which Is Better for Your Company, a VCFO or a Traditional CFO? In Brief What We Will Cover: Recognizing the evolving responsibilities of a CFO in today’s business landscape. Analyzing the VCFO and fractional CFO models’ design and theory. Comparing the services of VCFOs and traditional CFOs based on important criteria. Highlighting the major benefits

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The Role of Data Governance in Ensuring Compliance

General, Income Tax Act /

The Role of Data Governance in Ensuring Compliance In Brief: What We Will Cover Why Data Governance Is More Than a Compliance Checklist? Breaking down key elements of a successful data governance framework. How can you maintain data accuracy and integrity throughout systems? How does data governance prevent regulatory violations? Compliance Is No Longer a

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How AI Is Silently Driven Powering PlutusCo’s Lightning Speed Results

General, Income Tax Act /

How AI Is Silently Driving Powering PlutusCo’s Lightning Speed Results A Brief Overview of the Topics We Will Cover The smart automation solutions that drive our accuracy and speed. How we apply AI across departments within PlutusCo. Why AI enables quicker delivery without burning out our team. How customers directly benefit from our AI-driven infrastructure.

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Alert: GST Registration Process Eased for MSMEs

General, Income Tax Act /

Alert: GST Registration Process Eased for MSMEs To encourage broader GST compliance among Micro, Small, and Medium Enterprises (MSMEs), the Central Board of Indirect Taxes and Customs (CBIC) has issued fresh guidelines aimed at streamlining GST registration and reducing administrative hurdles. This step is likely to increase GST registrations and simplify compliance for India’s 6.4

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presumptive taxation 44ad income

What is presumptive taxation under S. 44AD and 44ADA and who can file the return under presumptive taxation

Income Tax Act /

Sections 44AD & 44ADA in India (2024 Update) No. Section Description 1 Introduction presumptive taxation 44ad income tax Overview of presumptive taxation and its benefits 2 Understanding Presumptive Taxation Definition and key sections (44AD & 44ADA) 3 Benefits of Presumptive Taxation Reduced compliance burden, simplified filing, lower costs 4 Who Can Opt for Presumptive Taxation? Eligibility

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deduct tds

Understand whether an individual is required to deduct TDS under TDS provisions while making the payment

Income Tax Act /

A Guide for Determining Your Deduction Responsibility in India (2024 Update) No. Section Description 1 Introduction deduct tds Overview of TDS and its importance 2 Why Understanding TDS is Crucial Consequences of failing to deduct TDS 3 When Does an Individual Need to Deduct TDS? Common scenarios for TDS deduction by individuals 4 Steps to

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financial year 1961

Understand the Heads of Income under the Income Tax Act, 1961 under which you are assessable in any financial year

Income Tax Act /

Heads of Income for Accurate Tax Filing in India No. Head of Income Brief Description 1 Income from Salaries financial year 1961  Income earned from your employment. 2 Income from House Property Income earned from renting out properties. 3 Income from Profits and Gains of Business or Profession Income generated from carrying on business or

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income tax return

What to check in your Form 16 before filing your individual income tax return

Income Tax Act /

Don’t Get Taxed Twice! A Guide to Checking Your Form 16 Before Filing Your Income TaxReturn No. Section Topic Page Number (Estimated) 1 Introduction income tax return Importance of Form 16 1 2 Understanding Form 16 Breakdown Part A: TDS Details 2 3 Understanding Form 16 Breakdown Part B: Salary Details 3 4 What to

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new tax regime

Understanding the new tax regime and deciding whether to file the return Under old tax regime or new tax regime

Income Tax Act /

Decoding Tax Regimes in India: Old vs. New – Which One’s Right for You? No. Section Topic Page Number (Estimated) 1 Introduction  new tax regime Overview of Old vs. New Tax Regimes 1 2 The Old Tax Regime: Familiar Friend or Outdated System? Key Features 2 3 The Old Tax Regime: Familiar Friend or Outdated

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