Month: January 2023

What is the deadline for completing investments that save taxes for FY 2022-23?

January 28, 2023January 28, 2023 Chandan Tiwari No Comments

The deadline to complete your tax-saving exercise for the financial year 2022–2023 is March 31, 2023, so move quickly if you haven’t already. Keep in mind that if you don’t make the tax-saving investments and purchases, your tax liability will be higher than normal for the current financial year (2022–2023). Please be aware that beginning…

Direct Tax, File Your Income Tax Return, Income Tax, Investment, investment in bonds, Marketing, Media, Tax Saving Scheme

How to activate inoperative PPF account

January 21, 2023January 21, 2023 Chandan Tiwari No Comments

Every quarter, the Public Provident Fund (PPF) announces its predetermined rate of return, which is now 7.1%. PPF investments worth up to Rs 1.5 lakh per year are exempt from taxation under Section 80C of the Income Tax Act. Both the yearly interest and the maturity sum are tax-free. The account has a 15-year validity…

EPFO, Marketing, Media, PF, PPF

16.26 lakh net new members join EPFO in November 2022.

January 21, 2023January 21, 2023 Chandan Tiwari No Comments

The Employees’ Provident Fund Organization (EPFO) today revealed its provisional payroll statistics, which shows that in the month of November 2022, EPFO attracted 16.26 lakh net members. The information shows that in October 2022, there were 25.67% more net additions than in the previous month. When comparing payroll statistics from one year to the next,…

EPFO, Marketing, Media, PF, PPF

How to withdraw from EPF corpus for repayment of home loan

January 18, 2023January 18, 2023 Chandan Tiwari No Comments

According to the regulations of the EPF plan, you are permitted to withdraw funds from your Employee’s Provident Fund (EPF) account for a number of reasons. You are permitted to take withdrawals from your EPF account beginning at age 55 in order to fund your retirement. know about withdraw from EPF corpus for repayment of…

Employee's Provident Fund, EPFO, Home Loan, PF, PPF

Big News: Changes to the income tax slab! The income tax slab rate will vary, and the taxpayer will learn more information here.

January 15, 2023January 16, 2023 Chandan Tiwari No Comments

Income Tax Slab Modification: Indians are always interested to see what the government will do for them in the Union Budget. The final full budget of the federal government will be Budget 2023 (Budget 2022). Therefore, it is anticipated that Nirmala Sitharaman, the finance minister, will present the populace with numerous gifts this time. If…

Budget 2023, Central Government, File Your Income Tax Return, Income Tax, Marketing, Media

For FY23, gross direct tax collection increased by 24.58 percent to Rs 14.71 lakh crore.

January 14, 2023January 14, 2023 Chandan Tiwari No Comments

According to government figures released on Wednesday, India’s gross direct tax collections increased by 24.58% to? 14.71 lakh crore as of January 10 this financial year, helped by an increase in personal income tax receipts. Net direct tax revenues after accounting for refunds were 12.31 lakh crore, up 19.55 percent from the same time in…

E-Assessment, File Your Income Tax Return, Income Tax, Marketing, Media, Tax Regime, Tax Saving Scheme, Tax Slabs

Customs duty on 35 items may be hiked in Budget 2023

January 9, 2023January 9, 2023 Chandan Tiwari No Comments

India has compiled a list of 35 items that are being considered for a potential hike in customs duties in the 2023 budget, which is expected to be released on February 1. Among the products on the government-prepared list are private aircraft, helicopters, high-end electronics, plastic goods, jewellery, high-gloss paper, and vitamins. Based on suggestions from…

Aatma Nirbhar Bharat, Budget 2023, Customs, Ease of Doing Business, entrepreneur, Marketing, Media

Ease of doing business is not just Centre’s responsibility alone

January 9, 2023January 9, 2023 Chandan Tiwari No Comments

Nirmala Sitharaman, the minister of finance, stated on Sunday that improving the ease of doing business was not just the responsibility of the federal government and that it was also necessary to improve it at the state, district, municipality, and even Panchayat levels. The finance minister offered some words of wisdom to budding entrepreneurs while…

Aatma Nirbhar Bharat, Ease of Doing Business, entrepreneur, Marketing, Media

New Industrial policy aims to focus on one nation-one standard

January 5, 2023January 5, 2023 Chandan Tiwari No Comments

In order to achieve the one nation, one standard, promote start-ups in every district, establish a start-up innovation zone at the level of urban local bodies, and encourage Indian speciality products by developing premium international brands, a new industrial policy that will replace the one from 1991 is being proposed. In order to boost MSME…

Aatma Nirbhar Bharat, Ease of Doing Business, Marketing, Media, MSME, New Industrial Policy, Uncategorized