Composition Scheme under GST: The Composition levy scheme is a very simple, hassle free compliance scheme for small taxpayers. It is a voluntary and optional scheme. Salient Features: No elaborate records required  Only quarterly returns required to be filed Payment…

Tax deduction at source is now a very important subject in the field of taxation in the wake of changes in compounding of offences rules that we have already discussed here Although TDS provisions were already present way back since…

Our learned Finance Minister presented her maiden budget on 05/07/2019 .In this post we will try to analyse some of the salient features of the same that are relevant for Income tax  are as follows: Exemption Limit: The limit proposed…