Learning

Shubham Chauhan

12 Nov, 2019

PAN Card is a Permanent Account Number which consists of 10 digits alphanumeric characters and is assigned to every taxpayer in India. It is a computer-bas...

Priyanka Bajpayee

16 Nov, 2020

On 18th February 2017, the GST Council in its 10th meeting approved the “GST Compensation to the state to provide compensation to the States for loss of...

Shubham Chauhan

20 Mar, 2021

GST is a game changing reform for the Indian Economy as it brings uniformity in the taxation structure. It is a consumption-based indirect tax charged on s...

Priyanka Bajpayee

25 May, 2023

TCS stands for Tax Collected at Source and, it is the tax payable by a seller which the seller collects from the buyer at the time of sale. Section 206C......

Priyanka Bajpayee

07 Nov, 2019

Capital gain is a gain or profit that arises from the sale of a ‘capital asset’ and comes under the category of ‘income’, therefore a person is req...

Swetha Dhinesh

27 May, 2024

The set of liquidity risk management criteria listed below must be followed by all non-deposit-taking NBFCs with assets of ₹100 crore or more, systemical...

Priyanka Bajpayee

25 May, 2023

The Income-tax Department checks the income declared and tax paid by the person with the details available with them. As per the Income-tax Act 1961, if th...

Shubham Chauhan

25 Jun, 2020

What is NBFC? Non-Banking Financial Companies (NBFCs) are financial institutions registered under the Companies Act, 1956 which are engaged in the business...