LATEST AMENDMENTS IN SERVICE TAX in 2015 2016
CHANGE IN RATE OF SERVICE TAX The tax which is imposed on the service provider on the earning received by him on rendering the services is known as service tax. In the earlier assessment year the...
View ArticleLATEST AMENDMENTS IN COMPOSITE SCHEME UNDER SERVICE TAX 2016
LATEST AMENDMENTS IN SERVICE TAX UNDER COMPOSITE SCHEME Composite scheme is a scheme under which the government has established various percentages on the total income to be taxable which could be paid...
View Articlewww.incometaxindia.gov.in latest amendments under income tax 2016 2017
LATEST AMENDMENTS UNDER INCOME TAX Income tax is broadly classified under five heads namely 1. Income under the head house property 2. Income under the head salary 3. Income under the head capital gain...
View Articlewww.incometaxindia.gov.in deductions available from income under income tax
VARIOUS DEDUCTIONS UNDER INCOME TAX ACT 1961 In computing the total income of an assessee, certain deductions are permissible under section 80C to 80U from gross total income. These deductions are...
View Articlewww.incometaxindia.gov.in capital gains
Any profit or gains arising out of transfer of capital asset effected in previous year shall be chargeable to income tax under the head “capital gains” and shall be deemed to be the income of the...
View ArticleCustom Duty & Service Tax in India Bill of Entry with List of Documents
Custom Duty The central Board of Excise and Custom (CBEC) is the apex body of custom, it is a part of Department of Revenue in Ministry of Finance. Custom duty is a type of Indirect Tax, It is...
View Article
