Taxation

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Taxation

Understanding Madhya Pradesh Professional Tax Registrat...

Understanding Madhya Pradesh Professional Tax Registration

The professional tax is calculated according to the monthly salary slab of an individual. Such tax is charged by deducting from such person's income on a m...

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Income Tax Taxation

Collection of tax on sale of goods (FAQs)

Collection of tax on sale of goods (FAQs)

The Finance Act recently inserted sub-section (1H) in section 206 C. As per this provision, seller is required to collect tax at source from the amount obt...

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Taxation

Understanding all about Odisha Professional Tax Registr...

Understanding all about Odisha Professional Tax Registration

Professional tax is levied based on the earnings of individuals by salary, business/trade or profession such as Chartered Accountants, Lawyers etc. In this...

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Taxation

Bihar Professional Tax Registration: Here’s all y...

Bihar Professional Tax Registration: Here's all you need to know

The Bihar state government collects Bihar professional tax from the individuals earning from salary or professions (such as Chartered Accountants, lawyers...

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Income Tax Taxation

Advance tax computation if dividend income is earned du...

Advance tax computation if dividend income is earned during the year

The Finance Act, 2020 abolished the Dividend distribution tax and adopted the conservative system of taxation wherein the dividend declared, distributed, o...

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Income Tax Taxation

All you need to know about Income Tax Slab Rate for FY...

Income Tax Slab Rate for FY 2021-22

Income tax is a direct tax that applies to individuals earning income based on salary & other sources. The Finance Minister presents in the budget inco...

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Taxation

All you need to know about Tripura Professional Tax Reg...

Tripura Professional Tax

Individuals drawing a regular income from salary, profession or engaged in trade or business has to pay professional tax. The state government sets a tax s...

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Taxation

All you need to know about Telangana Professional Tax R...

Telangana Professional Tax

The state governments in India, may levy professional tax on the income from profession or the employment. The Telangana professional tax is levied by the...

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