How to Unfreeze NPS Account: Minimum Contribution, Penalty and Reactivation Steps
If your NPS Tier 1 account has been frozen, it means you missed the mandatory minimum contribution of Rs. 1,000…
Section 80IBA: 100% Tax Deduction for Affordable Housing Developers
Section 80IBA of the Income Tax Act, 1961 allows real estate developers to claim a 100% deduction on profits earned…
Tax on Online Gaming in India: 30% Rate, TDS and How to Report in ITR
Tax on online gaming in India is charged at a flat 30% rate under Section 115BBJ of the Income Tax…
Direct Tax vs Indirect Tax: Meaning, Examples & Differences
The difference between direct tax vs indirect tax affects every Indian taxpayer every single day. Every time you receive a salary, a…
Angel Tax India: Meaning, Abolition and Startup Impact
Angel tax was a provision under Section 56(2)(viib) of the Income Tax Act, 1961, that taxed the share premium received…
GSTR-1A: What It Is, When to File and How to Amend GSTR-1
GSTR-1A is the amendment return for GSTR-1. It allows a registered GST taxpayer to correct mistakes or add missed invoices…
GSTR-2A: What It Is, How to View and Reconcile It
GSTR-2A is a dynamic, read-only statement on the GST portal that shows all purchase invoices your suppliers have uploaded against…
Duplicate PAN Card: Apply Online for Lost or Damaged Card
If you have lost, damaged, or had your PAN card stolen, you do not need to apply for a new…
Section 80P: Tax Deduction for Co-operative Societies
Section 80P of the Income Tax Act, 1961, allows registered co-operative societies to claim a deduction on income earned from…
Section 80U Deduction: Eligibility, Amount and How to Claim
Section 80U of the Income Tax Act, 1961, allows a resident individual with a certified disability, allows a resident individual…
