Tax on Profession is levied by the state government on every person exercising any Profession or calling or is engaged in any trade or holds any appointment, public or private or is employed in any manner in the State. The collection of Profession Ta..
The major director tax in India is Income Tax. The tax is levied on each type of assessees. The rates of tax will change from year to year based on finance act.
GST is a single comprehensive tax on the supply of goods and services across India, right from the manufacturer to the Consumer. GST is applicable to the whole of India except the state of Jammu & Kashmir.
The interim budget, presented by the Finance Minister, is a progressive budget for small taxpayers and real-estate sector. The proposals made in the interim budget would provide immediate relief to small taxpayers and incentivize the salaried taxpaye..
As per the new Notification, an entity will be considered as a Start-ups upto a period of ten years from the date of incorporation and registration in place of the earlier duration of 7 years.