Introduction to Income Tax and related Law in India
In India Income Tax is the most prominent, and significant Direct Tax collected by the Central Government. Income Tax is levied on Total Income of the previous year of Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP), Body of Individuals (BOI), Firms, Companies etc., annually at once. And there are different Slab Rates are […]
Introduction about Indirect Taxes in India
If the Tax is levied on the Selling Price of the Product or Service in the Country then it is called as Indirect Tax. Under this type of Taxes, Government involves the Dealers, Agencies, and other Local Bodies to collect the taxes from the ultimate product or service user and they pays back to the […]
Introduction about Direct Taxes in India
Direct Taxes are having big scope and having its effect throughout the Country and having no partiality among the State Governments. It is levied by the Central Government and the amendments are being done by the Ministry of Finance of India in each and every year in the form of Finance Budget according to the […]
Introduction about Tax and why Government collects Taxes in India
Before begin to learn Tax, it is better to understand the Meaning of Tax and why the Government is Collecting or Levies Tax on Individuals, Firms, and Companies. In general, Tax is nothing but a kind of fee to be payable on a product, services (financial activities) and Income earned. At present, there are different […]
How to Reconcile Bank Ledger in Tally ERP 9
It is common practice of every firm or a company to verify its Books of Bank Accounts against the Pass Book of its Bank. Both records are inappropriate with each other due to the reasons of financial transaction happened in Bank and at Business. Hence, our books of records would show excess or deficit Bank […]
How to write Request Letter for Bank Statement
Bank Statement will show you the financial record, pertaining to a particular period. Obvious we get our day to day bank transactions in the Bank Passbook, yet in some cases it is mandatory for us to obtain a separate Bank Statement from our banker it might be the reason that you might be obtaining Bank […]
Introduction to Central Sales Tax or CST
The Central Government of India has levied a tax on sales under the provisions of Central Sales Tax (CST) Act, 1957. As per the provision of this act, any movement of goods from one State to another State on account of sale/purchase or transfer of document of Title to goods between two separate parties is […]
Customizing Comments, enabling Google+ Comments in Google Blogger
Comments play a vital role to engage audience with your blog. And it is obviously important to take look at the design of the Comment section in your Blog. By default Google Blogger will be having the General Comments section enabled, apart that we can enable new Google Plus Comments. Using the Comment section visitors […]
Schedule Auto Payment through Wire Transfer in Google Adsense
Google Adsense has upgraded its payment system and we already knew it. For Payment Settings as well it has added new features like payment schedule on a specific date, setting a specific threshold limit, and adding a Wire Transfer payment. And now we are going to understand these new elements one by one in details. […]
Google Adsense Payee Profile Screen Introduction
The new Google Adsense Payment System has upgraded its Payee Profile screen as well, which has new elements like Billing Information and Billing Contacts in the screen itself apart the Address of the Adsense Publisher. And in the earlier article we read about Google Adsense Payment History screen, there we learned about the Transactions Filtering, […]
Google Adsense New Payments History screen 2014
Google Adsense at the beginning of 2014 has migrated to the new online payment system, which you are watching in your Adsense Publisher Account Payments screen. When you see your transaction history there you can find all your balances prior to April 15 as Service Adjustments, and you can see the history of the Service […]
Configure, Create, Set Cheque Books in Tally ERP 9
Tally, the limited company accounting software has added a feature for maintaining the Cheque Book. Maintaining outstanding checks or cheques is a tedious process for the outstanding debts department of the outsourcing help desk. When we require the status of a particular Cheque Leaf then it is a time consuming process for us to know […]