In this article, I will explain intraday trading and how it differs from swing trading, and most importantly what are the things you need to understand to get started your stock trading career. Intraday trading is also referred to as day trading in the stock market. We have … Read More » about What is Intraday trading, and how it’s different from Swing trading
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Income Tax
Tax deduction on interest on residential house loan – Section 80EE
Home buyer can get additional tax deduction up to Rs 50000 on interest on loan taken for residential
Rates of income-tax in respect of income liable to tax for the financial year 2021-22 (AY 2022-23)
In respect of income of all categories of assessee liable to tax for the assessment year 2021-22,
Latest Income tax slab rates for FY 2020-21 & AY 2021-22: For Individuals
In India, different income tax slabs rates are prescribed for individuals based on age and income
House rent Allowance or HRA Exemption U/S 10 (13A)
House rent allowance granted by an employer to his employee is tax exempted to the extent provided
Can you file your income tax return after the due date
Most people missed the deadlines of filing income tax returns every year due to their busy
House Rent Allowance (HRA) – Tips to lower your taxes
House rent allowance is a grant provided by the employer to the employee to meet the cost of living
Who is eligible for Income Tax rebate – Section 87A
After calculating tax liability based on the applicable slab rates, you are required to deduct tax
When to file company tax return and which form to use
Companies in India are required to file tax return by September 30th of the year following the close
TDS from employee’s salary U/S 192 – Important points to remember
As per Section 192 of Income Tax Act, any person responsible for paying any income chargeable under
Form 12BB – Investment Declaration Form for Income Tax
Employees are required to provide a declaration at the beginning of the financial year or at the
GST
Accounts and Records to be maintained by Registered person under GST Law
Every tax payer under GST law is required to self-assess the tax payable by him or for the business
What is Input tax credit under GST – Explained with examples
The main reason of bringing GST law into India is to reduce the cascading tax effect. As per the
Audit under Goods and Services Tax Law – GST
The purpose of audit under GST law is to assess the compliance with the provisions of GST and to
Tax invoice – Invoicing under GST Law
Tax Invoice is a crucial document given by the supplier of goods or services to the recipient with
When composition scheme under GST law is applicable
Small suppliers whose aggregate turnover from supplying goods for a year is less than Rs 40 lakhs
What is intra-state supply of goods and/or services under GST
Section 8 of IGST Act, 2017 says when supply of goods and/or services will be treated as intra-state
What is inter-state supply of goods and/or services under GST
GST law clearly says when supplies of goods and/or services shall be treated as in the course of