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

Sections 44AD & 44ADA in India (2024 Update) No. Section Description 1 Introduction 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 criteria for businesses (44AD) […]

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

A Guide for Determining Your Deduction Responsibility in India (2024 Update) No. Section Description 1 Introduction 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 Determine Your

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

Heads of Income for Accurate Tax Filing in India No. Head of Income Brief Description 1 Income from Salaries 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 profession. 4 Income

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Understanding E-invoicing under GST : Rules and Compliance

Demystifying E-invoicing under GST: A Guide for Indian Businesses No. Topic Subtopic 1 Introduction Importance of Understanding GST Registration and Compliance 2 Who Needs to Register for GST? Turnover Threshold 3 How to Register for GST? Gather Required Documents, GST Compliance Requirements 4 Filing GST Returns Penalties for Non-Compliance, Types (briefly mentioned) 5 Recent Developments

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Know when are you required to obtain GST registration and what is the compliance applicable once registration is obtained

GST Registration and Compliance No. Topic Subtopic 1 Introduction Importance of Understanding GST Registration and Compliance 2 Who Needs to Register for GST? Turnover Threshold 3 How to Register for GST? Gather Required Documents, GST Compliance Requirements 4 Filing GST Returns Penalties for Non-Compliance, Types (can be mentioned briefly) 5 Recent Developments in GST Compliance

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What is Gratuity and who is eligible to receive gratuity from his employer

Demystifying Gratuity: Understanding Your End-of-Service Payment in India No. Topic Subtopic 1 Introduction Understanding Gratuity Benefits 2 What is Gratuity? Definition & Governing Act 3 Who is Eligible for Gratuity? Minimum Service Requirement 4 Calculating Your Gratuity Amount Formula Breakdown 5 How to Claim Your Gratuity Application Process 6 Tax Implications of Gratuity Exemption Details

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Know the deductions under the Provident Fund Act and how to ensure if your employer is depositing the PF deducted from your salary

Understanding and Tracking Your Employee Provident Fund (EPF) No. Topic Subtopic 1 Introduction What is the Employee Provident Fund (EPF)? 2 Understanding Your EPF Deductions Employee Contribution, Employer Contribution, Simple Calculation, 3 Tracking Your EPF Contributions Universal Account Number (UAN), Member Passbook, SMS Alerts, 4 What to Do if Your Employer Isn’t Depositing Your EPF?

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Whether an employee can withdraw his PF while being employed and procedure to follow for successful withdrawal

Document Employee’s Provident Fund (EPF) Withdrawal Process No. Heading Subheading 1 Introduction 2 Can You Withdraw PF While Employed? Medical Emergency Education, House Purchase/Renovation, Marriage, Unemployment, Unemployment (1 Month), Unemployment (2 Months or More), Settlement on Retirement, Transferring PF Account (Job Change), 3 Steps for Successful EPF Withdrawal While Employed (Partial Withdrawal) 4 Staying Updated

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List of annual compliance and filings under the Companies Act applicable on a private limited company

Document Don’t Get Fined! A Simple Guide to Annual Compliance for Your Private Limited Company No. Section Topic 1 Introduction Importance of Compliance for PLCs, Avoiding Penalties and Maintaining Trust 2 The Essential Checklist Annual Compliance Action Plan Overview 3.1 Board Meetings Rule: Frequency and Gap, Why: Importance for Decision-Making and Governance,Pro Tip: Maintaining Proper

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