Calculate tax on value exceeding Exemption Limit –Set this option to Yes to calculate TCS on the amount exceeding the threshold limit, as recommended by the latest department rules. If you set this option to No, then TCS will be calculated from Rupee 1. Press Ctrl+A to accept, as always...
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What is gross salary? Do you know the difference between CTC and gross salary? Read on to understand what these terms mean and how to calculate gross salary from CTC.
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GST paid by individuals goes to the central and state governments and acts as a vital source of revenue to operate the country. 8. How is GST calculated? Tocalculate GST,apply the applicable tax rate to the taxable value of the supply. The taxable value is the transaction value of the su...
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GST-registered businesses must issue such invoices for the sale of goods and services. These invoices must include a detailed list of the products or services provided and the payment amount due. To claim input tax credit (ITC), businesses should ensure they receive GST-compliant invoices from ...