Simplified Laws Guide to Taxation and Legal Concern

As per the Order dated 24th June 2015 by Central Provident Fund Commissioner, the payment towards Employee Provident Fund (EPF) contributions has to be made electronically through internet banking facility Summary – Establishments remitting contribution above Rs.100000 per month have to mandatory remit dues through internet banking only with immediate …

Permanent Account Number (PAN) is a ten-digit alphanumeric number by the Income Tax Department, allotted to any “person” who applies for it. PAN enables the department to link all transactions such as Income Tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence, and so on. PAN, thus, acts as …

Profession tax is levied under the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976. Profession Tax shall be paid by every person exercising any Profession or engaged in any trade or holding any appointment in the State of Karnataka. I run a proprietorship, should I get registered under …