New vs Old Tax Regime The new tax regime under the Income Tax Act in India, introduced in the Union Budget 2020-21, offers taxpayers an alternative tax structure with lower tax rates but without various deductions and exemptions available under the old tax regime. New tax regime: 1. Lower Tax Rates: The new tax regime… Read More »
How to check ITR filing status How to check ITR filing status, To check the status of your Income Tax Return (ITR) filing, you can follow these steps: Visit the official website of the tax authority: Go to the official website of the tax authority in your country (e.g., the Income Tax Department of… Read More »
How to check ITR filing status without login: To check the status of your income tax return (ITR) without logging in to the income tax department’s e-filing portal, you can follow these steps: Visit the official website of the Income Tax Department of India at https://www.incometaxindiaefiling.gov.in/. On the homepage, under the “Quick Links” section, click… Read More »
TDS Codes In the Indian context of Tax Deducted at Source (TDS), TDS code denote distinct identification codes assigned to various payment categories for the purpose of reporting. These codes are use while filing TDS returns to indicate the nature of the payment on which TDS has been deducted. The TDS code are specify… Read More »
The procedure for closing an inactive GSTIN The procedure for closing an inactive GSTIN to Login the GST portal using your credentials and navigate to the “Services” tab. From the drop-down menu, select “Registration” and then choose “Application for Cancellation of Registration.” Enter the GSTIN of the inactive registration that requires cancellation, along with the… Read More »
How to Renew Your GST Registration in India Renewing your GST (Goods and Services Tax) registration is essential to ensure compliance and avoid penalties. Here’s a simple guide on how to do it. 1. Check Renewal Requirement GST registration typically does not expire, but if you have received a notice from the GST department or… Read More »
