The window for getting one of the elusive spots for the 2023 New York City Marathon will open soon. Here's what you need to do to secure one of them.
24% Per Annum: This higher rate applies in cases of undue or excess claim of input tax credit (ITC) or reduction in the tax liability. 2. How Is Interest Calculated? The interest on late GST payments is calculated using the following formula: Interest = Tax Amount × (Interest Rate / ...
the total GST amount will be ₹180, split equally into CGST and SGST, i.e., ₹90 each. The seller collects ₹1,080 from the buyer, pays ₹90 to the Central Government, and ₹90 to the State Government. The seller can also claim input tax credit for the GST paid on purchas...
If yes, how I can claim for the last 2-3 years? Reply Tanay Mukhopadhyay July 29, 2021 at 1:42 pm I use to fill the ITR 1 of my father, he is a state government employee. I am finding this newly updated income tax website to be cumbersome. At the part of inputting the ...
Complete guide to TCS applicable when remitting from India to cover foreign travel such as for overseas tour packages. We go over the TCS rate and how to claim. Aditya Shrivastava 03.06.24 Read time 5 minutes Personal Finance Complete Guide to TCS for Foreign Education Fees when Remitting...
I left a message to the navy chap that I sold the car. Getting NCB before selling the car Since my car had 50% NCB, I contacted the insurer (Acko) to claim the NCB certificate. I was afraid about Cars24 or their buyer raising a claim while the car was still under my name. It ...
This can be an additional step that your recipient may not want to take, but if it is already set up PayPal can be a quick and cheap way to send money without paying any foreign transaction fees. ⚠️ PayPal is no longer available for Indian users to send money globally. PayPal Indi...
You mustclaim Advance Taxwhilefiling Income Tax Return ITR Who has to pay Advance Tax? The provisions of the Income Tax Act make it obligatory for every individual, self-employed professional, businessman, and corporate to pay Advance Tax, on any income on which TDS(Tax Deducted at Source)...
It is beyond doubt that in the present situation, a large number of exporters are struggling to claim the refunds of IGST that they had incurred on the exports they had carried out. These IGST's refunds are identified with the time of over a year since the presentation of the GST regime...
4. Whether hoteliers are able to claim input of GST paid? It can’t be negated that the food & hospitality industry can now much more easily claim and avail input tax credit fully on their inputs. Prior to the GST rollout, the input taxes (such as on the raw material for food, ...