Income tax filing is a crucial aspect of financial management for individuals and businesses in India. It not only ensures compliance with the law but also helps in claiming refunds and availing various deductions and benefits. This guide provides an in-depth look at the income tax filing process in India, covering its importance, eligibility, types of income, filing procedures, and […]
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The Goods and Services Tax (GST) registration limit in India has been a subject of frequent changes and adjustments since its implementation on July 1, 2017. As of update in January 2022, the threshold for GST registration was primarily set at 20 lakhs INR of annual turnover, with some exceptions and variations depending on the type of business and the […]
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The Employees’ Provident Funds and Miscellaneous Provisions Act of 1952 governs the Employees’ Provident Fund Registration in India (EPF) scheme. It is governed by the Employees’ Provident Fund Organization (EPFO), which is one of the largest social security organizations worldwide in terms of clientele and financial transactions. In essence, EPF acts as an employee benefit during the organization’s retirement.In India […]
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