What are Debt Funds? Debt Fund vs Fixed Deposit?

Debt funds have become very popular in the past few years and many people had started shifting funds from Fixed Deposit to Debt Funds as the tax levied was very levy low on Income from Debt Funds as compared to...

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Tax on Debt Funds/ Bonds/ Debentures: Computation with Examples

With Debt Funds, Bonds & Debentures getting popular among the investors, and investors starting to shift from Fixed Deposits to Debt Funds, tax on debt funds/ bonds/ debentures is something that needs to be understood before making investments in a Debt...

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CS Exam Form Dec 2016 Online: Executive, Professional

The CS Exam Form Dec 2016 attempt of CS Foundation, CS Executive & CS Professional can be submitted by a candidate online. Students appearing for CS Foundation/ CS Executive/ CS Professional Dec 2016 Exams are requested to note that with effect...

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Due Date for Payment of Service Tax & Int. on Late Payment

As per the Service Tax Rules framed by the Govt. of India, Payment of Service Tax should be made at regular intervals. The Service Tax collected by the Service Provider shall be paid to the credit of the Central Govt....

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PPF Account and PPF Interest Rate @ 7.6%

We all have heard a lot about PPF Account and seen our parents make investment but what is PPF Interest Rate in India and what are the benefits of investing in this form of Instrument? This is one question which...

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Challan No/ ITNS 280: Beginners Guide to pay Tax Online

Challan No/ ITNS 280 is required to be used for the payment of Income Tax. This payment of Income Tax may be in the form of Advance Tax, Self Assessment Tax, Tax on Regular Assessment, Surcharge, Tax on Distributed Profits...

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All about Section 94A of the Income Tax Act

ITR Forms from AY 2014-15 onwards require the taxpayers to disclose whether any transaction has been made with a person located in jurisdiction notified under Section 94A of the Income Tax Act. Section 94A was introduced by Finance Act 2011...

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ITR V Form Password and How to Download & Send

ITR V Form is required to be submitted at the time of efiling of Income Tax Returns. But a question arises regarding what is this Form all about and why is it required to be submitted physically when we have...

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Form 16 TDS Certificate & How to verify Form 16 online?

Form 16 is a TDS Certificate issued by the employer deducting the TDS while making payment to an employee. As per the Income Tax Act, every employer at the time of payment of Salaries shall deduct TDS at the average...

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TDS on Payment to Contractor under Section 194C

At the time of making any payment, TDS is required to be deducted by the person making the payment. The rate of TDS depends on the nature of payment made and in this article; we would be focusing on Section...

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