Income from House Property

Income from House Property What is income from house property ? The charge-ability of income from house property, under the head "Income from house property" is subject to the satisfaction…

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What is Capital Gains
capital gain tax

What is Capital Gains

 What is Capital Gains in India? Any profit or gain arising from the sale or transfer of a capital asset is chargeable to tax under the head "Capital Gains” It…

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Presumptive taxation scheme PTS

Presumptive   Tax Scheme (PTS) Who is eligible for presumptive taxation? Main object of presumptive tax scheme in India was to reduce tax compliance burden on small tax payers. Those business…

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India must move towards   low  GST  rates
How to become gst practitiner

India must move towards low GST rates

Vijay Kelkar, former finance secretary said last week that India should progress toward a single, low-rate GST which will help in making the domestic industry globally competitive. “As long as…

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