May 062015
 

Meaning of term Perquisite Dictionary meaning A gain or profit incidentally made from employments in addition to regular salary or wages,especially one of a kind expected or promised Casual emolument or benefit attached to an office or position in addition [Read More]

May 042015
 

TDS on withdrawal of fund from Employees Provident Fund Meaning of Recognized Provident Fund Under the Employees Provident Fund and Miscellaneous Provisions Act, 1952 (EPF & MP Act, 1952), certain specified employers are required to comply with the Employees Provident [Read More]

May 042015
 

Due dates for the Month of May 2015 05-05-2015 Service Tax – Service Tax payments by Companies for April 06-05-2015 Central Excise – Payment of Excise Duty for all Assessees (other than SSI Units) 07-05-2015 Income Tax – TDS Payment [Read More]

May 012015
 

PPF – Loans and Withdrawals Different between Loan and Withdrawal Loan From PPF Withdrawal of PPF amount Needs repayment Burden of interest payable Impacts future loan eligibility Impacts credit ratings Repayment is not required Impacts interest income in future When [Read More]

Apr 302015
 

In pursuance of clause (3) of article 348 of the Constitution of India, the following translation in English of the Maharashtra Tax Laws (Levy, Amendment and Validation) Act, 2015 (Mah. Act No. XVII of 2015), is hereby published under the authority of [Read More]

Apr 302015
 

Union cabinet approves continuation of minimum pension of Rs 1,000 per month The Union cabinet on Wednesday approved continuation of the minimum pension of Rs 1,000 per month beyond 2014-15 on a perpetual basis, benefiting about 20 lakh retirees covered [Read More]