Quarter TDS/ TCS Return Type Period Last date of filing 4th Quarter TDS Return 24Q, 26Q 1st Jan 2021- 31st March 2021 31st May, 2021 4th Quarter TCS Return 27EQ, 27Q 1st Jan 2021- 31st March 2021 15th May, 2021 Late filing fee if we miss the TDS/TCS return due date: Penalty (Sec 234E): According to Section 234E, a late fine of INR. …
As part of the AatmaNirbhar Bharat Package 3.0 as announced by Hon’ble Finance Minister on 12th November, 2020, certain income tax relief measures were brought in for real-estate developers and home buyers. In order to boost demand in the real-estate sector and to enable the real-estate developers to liquidate their unsold inventory at a rate …
Income Tax relief for Real-estate Developers and Home Buyers Read More »
Service Exports from India Scheme (SEIS) Scheme To encourage foreign trade and export in India the Ministry of Commerce through the Directorate General of Foreign Trade (DGFT) is offering incentive under Service Exporters from India. The scheme aims to promote export services from India. The incentive is offered in from of Duty Credit Scrips. There are four …
Incentive Scheme for Foreign Traders and Exporters in India Read More »
“One nation, one tax!” The Goods and Services Tax is an indirect tax applicable in India, it will make India a unified and common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. It will be levied at every stage of the production / …