Since the government has announced the new tax regime with tax slabs and lower rates, the taxpayers have been confused that whether they should switch to a new tax regime or should stick to the old tax regime which offers the benefits of deduction or exemptions in the taxes.  In the high demand of most […]Read More

Every country has its constitutions which have passed some laws and amendments to establish the future of their country. In the ancient time’s taxes were used to collect on goods that were generally imported into the country rather than on the domestic products. Whereas in modern times the tax is levied upon the money and […]Read More

Online personal loans have been a great option to fulfil short-term as well as long-term goals. It is also considered one of the best ways to finance your personal needs. These are usually available for shorter periods as it has got a higher rate of interest. However, it is very easy to apply for a […]Read More

What is Form 16 Form 16 is a certificate that is issued by an employer, and it has all the information that you need to prepare and file your income tax return. Employers must issue this form every year on or before 15th June, immediately after the tax is deducted. Form 16 has two components. […]Read More

Nuts and Bolts of Income Tax return forms Income tax return forms can be necessarily defined as document formats that are officially approved by the tax authority during a specific financial year to file an income tax return concerned with all income that has been earned in that year. ITR serves a quite vital role […]Read More

If you are ready to file your tax return, you must know the changes made in Part-B of Form 16. What is form 16? Form 16 is a certificate that is issued by an employer, and it has all the information that you need to prepare and file while your income tax return. Employers must […]Read More

Governments levy taxes on their citizens in order to generate income for accomplishing different projects. These projects help to enhance the economy of a particular country and they also elevate their citizens’ standard of living. In India, the power of the government to charge tax is derived from the Constitution of India. This assigns the […]Read More

What is GST? GST is an indirect tax system in India that is referred to “Goods and Service Tax”. It’s far changed through older cascading tax machine which is implemented through central and state government. GST is the combination of three additives; CGST, SGST, and IGST.  CGST: C stands for central government. CGST is accumulated […]Read More