October 2024

Increasing Paid up Share Capital of the Company

Increasing Paid up Share Capital of the Company

Paid-up capital is the amount of money a company has received from shareholders in exchange for shares of stock. Paid-up capital is created when a company sells its shares on the primary market directly to investors, usually through an initial public offering (IPO). When shares are bought and sold among investors on the secondary market, no additional paid-up […]

Section 80C Deduction

Section 80C Deduction

Section 80C of the Income Tax Act allows for certain expenditures and investments to be exempt from income tax. If you plan your investments across different financial assets such as PPF, NSC, ELSS, etc., you can claim deductions of up to Rs.1.5 lakh under Section 80C, thereby lowering your tax liability. Section 80C of the Income Tax Act

Advance Tax

Advance Tax

Advance tax is the income tax which is paid by the taxpayer in advance instead of making a lump sum payment at the end of the financial year. It is basically the tax which you pay as you earn. The taxpayer has to pay the amount in instalments as per the due date given by

Pradhan Mantri Gram Parivahan Yojana

pradhan mantri gram parivahan yojana

The Pradhan Mantri Gram Parivahan Yojana (PMGPY) is a government of India-backed credit-linked subsidy scheme aimed at enhancing rural transportation and providing last-mile connectivity in remote areas. The scheme provides beneficiaries with a subsidy amounting to 15% to 35% to facilitate the procurement of vehicles for rural transportation. The scheme was launched to improve transportation

Rooftop Solar Scheme

rooftop solar scheme

The Finance Minister, Nirmala Sitharaman, announced the launch of the ‘Rooftop Solar Scheme’ or the ‘PM Surya Ghar Muft Bijli Yojana’ in the Interim Budget 2024-25. In the full Budget 2024-25, the Finance Minister reiterated that this scheme will enable 1 crore households to obtain free electricity up to 300 units every month. This article covers everything about the

Form 26

Form 26

Tax Credit Statement or Form 26AS is an important document for tax filing. Gone are the days when one has to download Form 26AS to file IT returns manually. The scope of the statement has now been expanded to include details of foreign remittances, mutual funds purchases, dividends, refund details, etc.  Form 26AS gives a consolidated

Rajasthan Indira Priyadarshini Puraskar Yojana

Rajasthan Indira Priyadarshini Puraskar Yojana

verview of the Scheme Name of Scheme Rajasthan Indira Priyadarshini Award Scheme. Launched Year 2019. Benefits Following benefits will be given to the girl students:- Rs. 4,000/- to the 8th class student. Rs. 7,500/- to the 10th class student. Rs. 1,00,000/- or scooty to the 12th class student. Beneficiaries Girl student of Rajasthan State. Nodal