GST & Income Tax
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Top Reasons to File Your Tax Returns Even If Your Income Is Not Taxable
Even if one's income is not taxable, filing income tax returns is a necessary obligation for everyone. No matter your income level, even though it may initially seem needless, filing...
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The Effect of a 30% Income Tax on Cryptocurrency: Prepare for Changes
Cryptocurrency is a digital or virtual type of currency that works independently of any central authority, such as a government or financial institution, and employs cryptography for security. It is...
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Who Need to Register Under GST in India?
In India, businesses engaged in the supply of goods or services with an annual turnover of Rs. 40 lakhs or more (GST registration limit is Rupees 20 lakhs or more...
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How Online CAs are transforming the Tax Filing Process in India
Online CAs, or Chartered Accountants, are playing a crucial role in transforming the tax filing process in India. With the increasing adoption of technology, online CAs are leveraging digital tools...
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Old Tax Regime Vs. New Tax Regime Which is Better?
Currently, there are two income tax slabs from which a salaried individual has to choose one every year. The income tax rates for these slabs are different. The old income...
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Understanding the Role of A CA for Income Tax Filing
When filing your Income Tax Return (ITR) there are some crucial points to remember to ensure appropriate filing of your income tax return. There are different earnings and deductions that the average...
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Top Tax Saving Investment to Consider for Your Income Tax Return
Every salaried individual whose annual income exceeds Rs. 2.5 lakhs are needed to file an income tax return. However, if their annual income is less than Rs. 5 lakhs, they are...
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10 ITR Filing Mistakes by Indian Tax Payers Which Should be Avoided
As an Indian taxpayer, it is important to file your income tax return (ITR) accurately and in a timely manner to avoid any penalties or legal issues. While filing your ITR, there...