Simplified Laws Guide to Taxation and Legal Concern

The boys who were holding Cricket bat have now moved to Football. On my way to office, I would see atleast two dozen people playing football at Hombegowda School grounds. When I reach home in the evening, lot of boys in my apartment complex (wearing green, red colored shoes) will …

Corporate Status to proprietary concern – a new initiative in India Hitherto if an Individual wanted to start a company, there was no choice but to set up a proprietary concern. The new initiative of One Person Company (OPC) gives a corporate status to proprietors! OPC is introduced by the …

Whether employees working in Karnataka State have to pay Profession Tax? Yes. As per Section 4 of The Karnataka Tax on Professions, Trades, Callings and Employment Act, 1976, the tax payable under this Act by any person earning a salary or wage, shall be deducted by his employer from the …