GST officers to be in action mode from August 16 to October 15, 2024,

GST officers to be in action mode

Attention is invited to the Instruction No. 01/2023-GST dated 04.05.2023 vide which guidelines were issued for conducting a special All-India drive during the period from 16th May 2023 to 15th July 2023 (which was further extended till 14th August 2023), for verification and detection of suspicious/ fake registrations and for taking timely remedial action to […]

Possession Certificate in Karnataka

possession certificate in karnataka

A possession certificate, often referred to as a possession letter, is one of the most crucial documents that a property seller offers to a buyer. It is typically administered by a Tehsildar in rural regions and a Revenue Divisional Officer (RDO) in urban areas. This certificate can be used to acquire a house loan from

Compound Interest Calculator

compound interest calculator

Compounding interest, as opposed to simple interest, is the situation where your wealth increases exponentially because you earn interest on your total investments, the aggregation of your principal amount and the interest it incurs. Mathematically, the possibilities of compound interest are endless.  What is Compound Interest? Compound interest is the interest on interest. The interest

Form 15H

form 15h

According to Section 194A of the Income Tax Act, the interest earned from bank accounts and other deposits is subject to TDS. This TDS is deducted if the interest earned exceeds the exemption limit for the financial year. Therefore, senior citizens can submit Form 15H to ensure no TDS is deducted from the interest earned

Zero Budget Natural Farming

Zero Budget Natural Farming

Zero Budget Natural Farming (ZBNF) is a type of chemical-free farming where the total cost of growing and harvesting plants comes out to be zero (taking into consideration the costs incurred by the farmers are recovered through inter-cropping). Zero Budget Natural Farming is natural farming based on cow-products (cow urine, dung) produced by indigenous cows.

Online Income Tax Payment Challans

Online Income Tax Payment Challan

Challan 280 is a form that can be used by a person to make an income tax payment of self-assessment tax, tax on distributed income and profit, regular assessment tax, advance tax, and surtax. Another name for the form is “ITNS 280.” Whether you pay your taxes online or offline, you must use Challan 280 for

Pwd Road Cutting Permission

pwd road cutting permission

Road cutting permission is required when a utility company or individual needs to dig up a portion of a public road for installing, repairing, or maintaining infrastructure like water pipes, electricity lines, or telecom cables. Steps to Obtain Road Cutting Permission Application Submission: Submit a formal application to the local PWD office. The application should

Certificate of Deposit

certificate of deposit

A Certificate of Deposit or CD is a fixed-income financial tool that is governed by the Reserve Bank of India and is issued in a dematerialized form. It is a type of agreement made between the depositors and the banks, wherein the bank pays an interest on your investment.  Certificate of Deposit is a short-term

What is the difference between Sole Proprietorship And OPC

What is the difference between Sole Proprietorship And OPC

A sole proprietorship was the only option for a person who wanted to start a business alone. Now you have an alternative option: a one-person company. The concept of one person company (OPC) allows a single person to run a company limited by shares. A sole proprietorship is an entity run and owned by one individual without

Section 41A – Code of Criminal Procedure, 1973

[Notice of appearance before police officer (1) The police officer [shall], in all cases where the arrest of a person is not required under the provisions of sub-section (1) of section 41, issue a notice directing the person against whom a reasonable complaint has been made, or credible information has been received, or a reasonable suspicion