How does one start a PAN card centre?
A PAN number is an important element of identification that every taxpayer must possess and is issued by the income tax department. Recently, the government has begun to give more importance to PAN [...]
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Universal Account Number (UAN) – The Importance, Benefits & Activation process
What is UAN number? The Universal Account Number (UAN) is a 12-digit number assigned to each employee by the Employees' Provided Fund Organization (EPFO) for the purpose of managing his or her [...]
How to generate business leads?
Any business's on-going demand is to generate leads. While there are numerous strategies for locating new clients, many of the more popular ones from the past are no longer used. Needless to say [...]
Choosing the right type of company for your business in India
Every quality step taken in the business is a way of succeeding in this field. The right decisions regarding your business choices will consist of various factors in a cascaded format. Tapping your [...]
Section 80C: Income Tax Deduction under Section 80C in India
Section 80C Section 80C of the income tax act came into effect from 1st April 2016 and is applicable on individuals and HUF’s only. Under section 80C of the income tax act, any individual or [...]
E-invoicing under GST
What is e-invoicing under GST? 'E-Invoicing' or 'electronic invoicing' is a process through which GSTN authenticates B2B invoices electronically for further usage on the common [...]
Section 194H - TDS on Commission and Brokerage
What Is Section 194H? Under section 194H, income tax is levied on any income earned by an individual through brokerage or commission. In other words, as per section 194h of the income tax act, an [...]
MCA - RUN (Reserve Unique Name) for Company
What is MCA-RUN? MCA stands for the ministry of corporate affairs, and RUN stands for reserve unique name. RUN is a new web-based application launched by the ministry of corporate affairs on 26th [...]
Section 80GG: Claim Income Tax Deduction on Rent Paid
Section 80GG Section 80GG is introduced by the government to provide tax relief to those individuals who do not receive HRA but pay rent for their stay on a regular basis. Both self-employed and [...]
Form 67: Claim Foreign Tax Credit in India
What is a foreign tax credit? As you know, people residing in the home country (India) get several opportunities of job or work. Because of that, they have to travel often from India to foreign [...]