Pay TDS with RazorpayX! The TDS deducted here should be deposited to the income tax department through Challan 281 on the behalf of the person who earned the income. Important Points to Consider Before Filing TDS Challan 281 DOs You will need a TAN number in order to file a TDS Challan ...
Form 26QB (Challan-cum Statement) Under TDS To begin with, Form 26QB (Challan-cum Statement) has a twin-fold objective that is synonymous with the two blades of a single scissor – It is both a return as well as challan form for the deductions that have been made u/s 194 of the ...
After filling in the challan details, choose a payment method. GST payments online can be made through various modes, such as Net Banking, Debit/Credit Cards, etc., or over-the-counter at authorised banks. 7. Make the payment If you pay GST online, you will be redirected to a secure ...
Learn how to pay GST online with our step-by-step guide. Understand GST payment rules and processes to ensure smooth and compliant transactions.
Before calculating your tax liability, you must know which tax slab you fall under. Your salary is a cumulative form of many components such as Gross salary, Provident Fund, Leave pay, Insurance, Employee State insurance,Gratuity, and Labour Welfare Fund. You must need to submit all the inves...
If excess TDS has been deducted from your salary or bank deposits or security interest or debenture interest. If the regular tax liability gets reduced due to any error during the regular assessment process. If you have paid taxes in abroad for the same income you have taxed in India, you ...
Pay the required fees via provided payment gateways. The process of issuing a duplicate PAN card is similar to that followed after your previous fresh application. Now that you own a PAN card, original or duplicate, do not forget to link it with your bank account. One can also initiate ...
Step 1: Visit the bank branch receipt where the tax was deposited and carry the original challan receipt with you. Step 2: Ask and fill up the request form for tax correction. Submit a duplicate copy of the same to the related bank branch. Step 3: Submit the original challan counterfo...
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) is not paid. Both individuals, as well as corporates, mu...
There should be a gap of 3 – 5 days between the end of the pay period and the payout date. This reduces pressure on the payroll processing department. So if you want to pay a salary on the 1st of each month, the corresponding pay period should end on the 25th of the prior month...