The Public Provident Fund (PPF) is one of the tax-free saving scheme. This saving scheme is famous amongst the investors who do not want to take risk.
Export made whether on account of supplies of goods or services, have been categorised as “Zero Rated Supplies” in the IGST Act.
The government made numerous improvements in taxation which are applicable from 1st April 2018.
Income tax act 1961 provides for heavy fees and penalties in case of tax evasion.
This article we going to discuss the fields showing in ITR-1 form. There are many changes in New ITR-1 form launched for filling return for FY 2017-18.
If a person is required to file ITR but does not file it on time prescribed under Income tax act then late fees have to be deposited by him while filing his ITR.
The GST e-way bill framework for the movement of commodities between states was actualized on April 1, 2018
Under GST Supplier has to issue credit note to the recipient of goods or services,
A defective return notice is generally sent to the assessee if he fails to furnish some necessary information.