Budget 2024 Income Tax Slabs for FY 2024-25 - IndiaFilings
Updated on: November 27th, 2024 12:30 PM Budget 2024 Income Tax Slabs for FY 2024-25 In the interim fiscal year 2024-25 budget, Finance Minister Nirmala Sitharaman announced no changes to the income tax slab for FY 2024-25, meaning taxpayers will calculate their taxes for the upcoming year just as they have for the current year, 2023-24.
Find Latest GST Rates for All Goods & Services | Indiafilings
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%
Step-by-Step Guide to GST Registration for Businesses - IndiaFilings
Updated on: July 16th, 2024 3:32 PM Step-by-Step Guide to GST Registration for Businesses GST registration is a crucial requirement for businesses operating in India. If your business turnover exceeds the specified threshold limits or falls under any specific categories mandating GST registration, you must complete the registration process to comply with the GST laws.
Udyam Verification: How to Verify the Udyam Registration?
Updated on: May 13th, 2024 11:03 AM Udyam Verification: How to Verify the Udyam Registration? Udyam Verification is the process of checking your business's Udyam Registration Status. It helps you to validate and ensure the legitimacy of your MSME/Udyam registration.
How to Claim HRA Exemption when Filing your ITR? - IndiaFilings
Updated on: May 15th, 2024 5:12 PM How to Claim HRA Exemption when Filing your ITR? House Rent Allowance (HRA) refers to the allowance paid by the employer to an employee as part of the salary for housing expenses.
DIN Number Registration and Search - IndiaFilings
Updated on: September 11th, 2024 2:49 PM DIN Number Registration and Search. DIN Number or Director Identification Number is a unique 8 digit number that is required for any existing or proposed Director of a Company.
What is a private limited company India? - IndiaFilings
Oct 14, 2024 · Name of the Firm: The name of the PVT company must end with the words "Private Limited." Share Capital: A private limited company must have a minimum paid-up capital of Rs.1 lakh or a higher amount as prescribed. Restrictions on Transfer of Shares: The right to transfer shares in a private limited company is restricted.Shares can only be transferred with the approval of the Board of Directors ...
Complete Guide on Director Identification Number - DIN
Updated on: November 25th, 2024 4:07 PM Complete Guide on Director Identification Number - DIN In business, directors have a particular number like their unique signature– a Director Identification Number or DIN. This number acts as a secret code that helps figure out who's in charge of a company.
Section 194JB of Income Tax Act Decoded! - IndiaFilings
Oct 17, 2024 · Conclusion Section 194JB of Income Tax Act is a crucial provision for businesses and individuals dealing with professional services. By mandating the Tax Deducted at Source (TDS) deduction, this section helps prevent tax evasion, ensure accurate tax reporting, and avoid penalties for non-compliance.
Internal Audit Applicability Under Companies Act, 2013
May 16, 2024 · What is the Role of an Internal Auditor? The following roles and responsibilities are required to be done by the appointed internal auditor in an organization, Independent Assessments: Internal auditors thoroughly review a company's financial and operational processes, risk management practices, and adherence to regulations. This independent perspective helps identify potential weaknesses or ...