Dear All, Filing of Balance Sheet and Profit & Loss Account A/c in XBRL Format for the Financial Year commencing on or after 01-04-2011 has been extended upto 15th February 2013 or 30 days from date of AGM whichever is [Read More]
Jan 162013
Jan 152013
ESIC New Inspection Policy ESIC issued new guidelines for Inspection, to their offices. Salient features are as under : a) Effective date is 1st April 2012. b) Less than 250 coverage, inspection will be once in 3 years. c) 250 [Read More]
Jan 152013
New EPF Form No 11 A New Amendment has been arrived in Form-11 for identification of Indian International Workers – HO No. IWU/7(29)/2012/Review IW/22134 dated 17/10/2012 Update the same in your records & in joining formalities. Download New EPF Form11 [Read More]
Jan 152013
TDS Projections for Salaried Employees. TDS is one of the easiest way of collecting income tax from Employee’s Salary who come under tax payer’s bracket. This sort of income tax from the income of an employee is collected on the [Read More]
Jan 072013
e-Passbook for provident fund account holders A new facility has been introduced by the provident fund organization. Now the account holder of provident fund can download electronic passbook of their account. This facility is for the active account holder. This [Read More]
Dec 272012
As per General Circular number 43/2012 dated 26.12.2012, time limit to file Cost Audit Report and Compliance Report for the year 2011-12 [including the overdue reports relating to any previous year(s)] in XBRL mode, without any penalty has been extended [Read More]
Dec 122012
Filing of Balance Sheet and Profit & Loss Account A/c in XBRL Format for the Financial Year commencing on or after 01-04-2011 has been extended upto 15th January 2013 or 30 days from date of AGM whichever is later. Download [Read More]
Dec 072012
Tax Deducted at Source on other than Salaries TDS aims at collection of revenue from the source of income. This method of collecting the tax amalgamates two concepts “Pay as you earn” and “Collect as it is being earned.” Any [Read More]
Dec 072012
Advance tax Installment due to be paid on or before 15th December 2012. Companies On or before 15th December 2012 3rd Installment – 75% of tax on total income for the year less advance tax already paid. Individuals On [Read More]
Nov 292012
TDS on Salaries If a person is running his own business firm and have a regular staff on his payroll, it is mandatory under section 192 of the Income Tax Act 1962 to make tax deduction from the income of [Read More]