When we buy goods and services, we pay tax on them. Imagine yourself to be a businessman. You pay tax on the goods you purchased. When you resell them, you will also collect tax for depositing them to the government. And this cycle goes on and on. What do you think will happen to the […]
Tag: Tax
How To File TDS Return: A Complete Guide
Every tax deductor has to file a TDS Return. But many people may not know about the process to file one. Are you one of them? Don’t worry. We’ve got you covered. Here, you will understand the entire process effortlessly. Let’s start. Table of Contents What is TDS Return? More about TDS Return Prerequisites Step-by-Step […]
Paying taxes may look complicated to some. They may not file returns intentionally or unintentionally. To solve this problem, the government proposed a solution. ‘Don’t bother the people! Collect taxes from the payer instead.’ And this led to the introduction of TDS. What’s more, the government has implemented a new rule which may force people […]
Tax Compliance Calendar for FY 2021 covering important due dates for Income Tax Filing, GST (GSTR1, GSTR3B. RET1), TDS Payments, Preparation, & Filing, ROC, and general accounting from Apr 01st 2019 to Mar 31st 2020 with a primary focus on Startup and SME. Table of Contents Important due dates for the GST Return in March […]