TDS is an amount deducted from the income of recipient in the form of tax, whereas TCS is an amount collected by a company or seller as tax. How to Calculate TDS on Salary? The calculation for TDS on salary is made by reducing the exemption amount from the employees’ total annual ...
Now, let us look at GST due dates for January 2025. Here is a comprehensive image of our January GST Due Dates Calendar or GST Compliance Calendar. It has all the GST Due dates for January 2025 so that you never miss the January GST due date!....
TDS Not Deducting: As of the date when TDS was supposed to be deducted until TDS was deducted, you were supposed to deduct 1% per month Failure to Deposit TDS with the Government: From the date that TDS is deducted to when government payments are made, the rate is 1.5% per month. Fees...
File by the Due Date:The due date for filing ITR is July 31st for individuals and October 31st for businesses requiring audit. File your ITR on or before the due date to avoid late filing fees and penalties Understand the Consequences of Late Filing:If you miss the ITR filing due date, ...
Sl.No. Amount of tax payable Due date for Tax Instalment 1. At least 15% of advance tax liability Either on or before 15th June 2. At least 45% of advance tax liability Either on or before 15th September 3. 100% of advance tax liability Either on or before 15th March...
The due dates for filing ITR in India are on or before 31st July of each financial year. However, taxpayers filing their return after exceeding the due date or last date will have to pay interest under Section 234A and a penalty under Section 234F. Income tax return filing due dates for...
Due to COVID-19 pandemic and challenges faced by taxpayers, the government has extended dates for various compliance in direct taxes.
The foundation for calculating payments for the GST, service tax, and VAT Returns TDS Payment of TDS Evaluation of Legal Aspects A trained legal professional must conduct a thorough legal audit of the business to determine if there are any ongoing or unresolved legal activities, lawsuits broug...
Now, let us look at GST due dates for January 2025. Here is a comprehensive image of our January GST Due Dates Calendar or GST Compliance Calendar. It has all the GST Due dates for January 2025 so that you never miss the January GST due date!....
The consumption of potable water is known for heavy metals that have been found to impose a deleterious effect on human health. A wastewater-irrigated village in India has a higher morbidity rate than a village that uses normal water. Natural factors are also involved in heavy metal water ...