Form 145 and Form 146 for NRO to NRE Transfer | Complete and Easy Guide | New Replacement for Form 15CA and Form 15CB For many NRIs, transferring funds from an NRO account to an NRE account or remitting money … Continued
Form 145 and Form 146 Explained: Complete Guide to the New Replacement for Form 15CA and Form 15CB If you are planning to remit money outside India, you may already be familiar with Form 15CA and Form 15CB, which have … Continued
BUDGET SUMMARY WITH MAJOR HIGHLIGHTS OF BUDGET 2019-20 Interim Budget 2019-20 was presented in Parliament on 01st February 2019 by Shri Piyush Goyal. The budget is an annual official Financial Statement presented by the Government. Hence representatives from the Government … Continued
Cost Inflation Index The Finance Ministry has notified 280 as the Cost Inflation Index (CII) for FY 2018-19 (AY19-20). The Cost Inflation Index (CII) for FY 2017-18 (AY18-19) is 272. The Base year is 2001-2002. And the CII of the … Continued
Due Date for Filing Income Tax Returns Extended Due date for filing income tax returns extended by a month. From the earlier 31st July 31 to August 31. This may be due to too many compliances this month. 31 July … Continued
Section 44AD of the Income Tax Act, 1961 – Section 44AD, a scheme launched for the benefit of small businesses, wherein the assesses which are eligible for the scheme do not have to maintain books of accounts and file returns … Continued