Income Tax

What is the Corpus Fund? Advantages and Importance

A corpus fund is an investment pool where multiple investments are managed collectively by a team of professionals. These investments, referred to as the corpus, offer investors a diversified...

Dearness Allowance (DA) in Salary: Meaning, Types, and Calculation Process

However, the relentless surge in prices of goods and services, propelled by market dynamics, presents a formidable challenge for the average individual to meet their financial obligations. To...

Section 43B(h): Ensuring Timely Payments to Micro and Small Enterprises

This article explains the impact and applicability of Section 43B(h) on timely payments to Micro and Small Enterprises (MSMEs) in India, emphasizing compliance and implications for taxable

Benefits of Hiring a Tax Consultant for ITR Filing in Jaipur

In Jaipur, where local nuances play a role in taxation, hiring a tax consultant can prove to be a strategic decision for individuals and businesses

Income Tax Return (ITR) Filing Last Date FY 2022-23 (AY 2023-24) in India

The final date for filing Income Tax Returns (ITR) for FY 2022-23 (AY 2023-24) without incurring late fees is July 31, 2023, specifically for Indian

Cash Credit vs Overdraft: Choosing the Ideal Financing Option for Your Business

In the world of business financing, entrepreneurs often find themselves faced with the decision of choosing between long-term funding options like Loan Against Property (LAP) or more flexible...

Difference Between TDS and TCS with Example - A Complete Guide

(Tax Deducted at Source) and TCS (Tax Collected at Source), often muddled, are essential indirect tax components. For an in-depth grasp of the disparities between TDS and TCS and their impacts,...