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Your Easy Guide to Understanding Loan Repayment & Its Methods

Loan repayment is the first thing borrowers should consider. Before applying for a loan, find out your credit score, estimate the loan amount, calculate your EMI, and try to determine how much you will need to spend in a month to repay your loan. It will enable you to understand the affordability of your loan. Once you understand your mode of repayment options, choose the most suitable loan according to your income and expenses.

Due date compliance calendar for 2021

Due date compliance calendar for various compliance to be made by various business entities like companies, llps, firms and individuals.

Complete Guide on How to File Nil GST Return

A complete guide for business owners and tax consultants on how to file Nil GSTR-1 and Nil GSTR-3B through online mode as well as through SMS.

Meaning of zero rated supply under GST

Zero rated supplies means export supplies and supplies made to SEZ units or SEZ developers. Further on zero rated supplies, input tax credit and refund is available even if supplies are exempt supplies.

All about form GST PMT-09

Form GST PMT-09 - form for transfer of tax amount from one head to another head.

Section 194K: TDS on income from units of mutual funds or UTI

As dividend distribution tax on payment of dividend income by companies is removed, the finance act 2020 has introduced section 194K for deduction of tax at source on income earned from units of mutual funds and unit trust of India.

Section 194N: TDS on cash withdrawal

In order to discourage cash transaction and a move towards less-cash economy, a new section 194N has been introduced for deduction of TDS on cash withdrawal from any account maintained with any bank or post office or co-operative society.

COVID-19: CBIC allowed submission of undertaking in lieu of bond for export and import

CBIC to facilitate trade during the lockdown period has allowed submission of undertaking instead of bond to a certain category of exporter and importer. This relaxation will be available up to 30.04.2020.

Instant PAN or e-PAN

Income tax department has started free of cost e-pan generation facility using aadhaar card. In this facility applicant will not required to submit any physical documents.

New company registration procedure – SPICe+

MCA notified SPICe+ under EODB initiative. SPICe+ will offer 10 services in single form like company registration, PAN, TAN, GSTN registration and opening of bank account.