Professional tax is a state-level levy imposed on individuals and entities engaged in employment, professions, or business activities. This tax, administered by state governments, varies in its application and rates across different regions. This guide offers a detailed overview of professional tax, its purpose, and the responsibilities of both employees […]
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Comprehensive Guide to the GST Filing Process in India
Hi, This is Ravi Kumar, and today, I will let you know about the GST, Navigating the complexities of the Goods and Services Tax (GST) system in India can be challenging for businesses of all sizes. Since its introduction in July 2017, GST has streamlined the country’s indirect tax structure, […]
Continue readingFee for professional services and technical services under section 194J
Hello Friends, In my today’s blog, I will let you know about section 194J of the Income Tax Act. What is it? Section 194J of the Income Tax Act, 1961, mandates the Tax Deduction at Source (TDS) on payments made for professional or technical services rendered by resident individuals or […]
Continue readingHow to create the Delivery Challans in Zoho Books.
Hi everyone, This is Ravi Kumar, and In my today’s blog, I will let you know how to add delivery challans on Zoho Books. What are Delivery Challans? A delivery challan is a document used in business to list and describe the items being sent from one place to another. […]
Continue readingNew 2-factor Authentication enabled on the GST Portal for login
Hi Dear, I am Ravi Kumar working in Cotocus Pvt Ltd as an accountant and I am providing you with all the new info related to GST on my stocksmantra.in. What is 2 Factor Authentication? In the Goods and Services Tax, a new protection layer is enabled by the government […]
Continue readingWhat are the MSMEs?
Introduction of MSMEs (Manufacturing enterprises) The full name of MSMEs is Micro, small & medium Enterprises, It is like the strongest channel in India with 60% of people from all over India investing. Under this, more than 5000 products are made, and through these products, our entire work is done […]
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