Posts

Showing posts from November, 2019

जीएसटी क्या है? What is GST

Image
जीएसटी क्या है? आसान भाषा में समझें  दोस्तों जीएसटी (GST) आ गया है। भारतीय Indirect Tax System में सबसे बड़े बदलावों के साथ। वस्तुओं की बिक्री और Services की उपलब्धता पर लगने वाले तमाम तरह के Central  और State Taxes खत्म हो गए हैं। उनकी जगह पर बचा है सिर्फ एक Tax। सिर्फ GST। जिसका फुल फॉर्म है Goods And Services Tax  यानि हिन्दी में ‘वस्तु एवं सेवा कर’। इस आर्टिकल में हम GST के बारे में Hindi में बताएंगे।  Tax System का हिस्सा होने के कारण व्यापारी इससे जुड़ तो रहे हैं, पर इसका Funda अब भी उनके लिए बहुत आसान नहीं है। Tax के माहिर Accountants की बात जाने दीजिए, सामान्य कारोबारी और Common Man के लिए यह अब भी टेढ़ी खीर ही है।  लोगों की इसी Problem को ध्यान में रखते हुए हम ये Article लेकर आए हैं।  इसमें हम बता रहे हैं कि  भारतीय Tax System  में GST क्या बदलाव लेकर आया है। कैसे यह Common Person  से लेकर कारोबार जगत से जुड़े हर स्तर के लोगों के लिए बेहतर Opportunity लेकर आया है। कैसे मंडी से लेकर देश की Economy तक यह Positive ...

Tax Deducted at Source TDS

Image
What is TDS ? TDS or tax deducted at source is a deduction made by someone while making a payment or crediting the account, whichever is early. This could be your employer, customer or even a bank paying you interest on a fixed deposit. Before making a payment to you, the payer deducts and pays tax on your behalf to the Income tax department. You can claim/adjust TDS credit while filing your income tax return against income tax payable. You can view the details of the TDS credit in Form 26AS by logging into your income tax  efiling  account. TDS could be while purchasing a property, paying rent or paying a salary to any person. In such circumstances, you should know how much tax to deduct (TDS) as well as how and when to pay it to the Income Tax Department. For example, if you are a company/partnership paying professional fees of Rs 60,000, you have to deduct TDS of 10% (see details below). This means Rs 6,000 to be deducted as tax from professional fees. Alternative...

Documents Required for GST Registration

Image
All persons classified as  taxable person under GST  are required to  obtain GST registration  and begin filing  GST monthly returns  from the month of September, 2017. In this article, we look at the list of documents required for GST registration in India. Who Should Obtain GST Registration? Any persons or entity providing taxable supply of goods or services to persons in India with an annual aggregate turnover of more than Rs.20 lakhs is required to obtain GST registration. In some special category states like Assam, Nagaland, Manipur and other, the aggregate turnover criteria has been reduced to Rs.10 lakhs. Other than the aggregate turnover criteria, a person could be required to obtain GST registration, if they undertake inter-state supply of goods or services or have an existing VAT or service tax or central excise registration. List of all criteria for obtaining GST registration is available here. GST Registration – Documents Required fo...

Closure of Private Company ?

Image
Closing a private limited company can be as painful procedure as the incorporation of this company structure. There are different kinds of method that can be opted for closing down the private limited company. Here are some of the ways by which you can  close down your Pvt Limited Company  legally. 1.  Selling the company-  This is the common method wherein the owner of the company can sell the all the share of company to any third person. With this all of the rights and responsibilities of the company are transferred to the other person. 2. Strike off the company-  Any defunct company who desire to get its name struck off from the registers of ministry can apply to the registrar in the form Fast Track Exit form. Also the registrar can itself strike off the name of the defunct company if has reasonable reasons to believe that it is required. In the second situation the opportunity of being heard must be provided to the company. 3.  Voluntary winding...