Author name: Charishma K.S

Difference between digital signature and digital certificate

In today’s digital age, understanding the difference between a digital signature and digital certificate is crucial for secure online transactions and communications. This comprehensive guide gives a detailed concept on what digital signature and digital certificate is  A digital signature serves as an electronic equivalent of a handwritten signature, providing authentication and data integrity for […]

Difference between digital signature and digital certificate Read More »

How Income Tax Return is calculated on salary in India

Income tax in India is levied on the total income of individuals, as outlined in the Income Tax Act, making it crucial to grasp this concept for compliance. The tax rates are determined by the relevant Finance Act, underscoring the importance of using a current income tax calculator for precise calculations. The residential status of

How Income Tax Return is calculated on salary in India Read More »

Filing Income Tax Return

What is filing Income Tax Return: Just follow 11 easy steps

As the calendar flips over to a new year, it brings with it the certain arrival of tax season. For many, the thought of filing income tax return (ITR) can be daunting, and confusing. However, it doesn’t have to be this way. Filing your income tax returns is an important responsibility that ensures you’re compliant

What is filing Income Tax Return: Just follow 11 easy steps Read More »

Types of Income Tax Return Forms

Which ITR should I file: 7 Types of Income Tax Return Forms

An Income Tax Return is a document that every taxpayer should file with the Bureau of Internal Revenue (BIR) to declare, profits, expenses, losses, and other information related to the last financial year. The taxpayer should submit those details every quarter of every year. To complete a successful ITR filing, the taxpayer should meet certain

Which ITR should I file: 7 Types of Income Tax Return Forms Read More »

documents required for ITR

10 Crucial documents required for ITR Filing in India

Filing an Income Tax Return (ITR) is not just about crunching numbers, it is about gathering the important documents that provide a clear picture of your financial expenses. From income statements to investment proofs for deductions and exemptions, the documents required for ITR filing serves as the base for an easy and accurate tax filing

10 Crucial documents required for ITR Filing in India Read More »

Benefits of Income Tax Return

Top 5 Benefits of Income Tax Return (ITR) filing on time

Based on latest studies, India is setting new records in generating direct tax revenue. As of January 10, 2024, the tax collection increased 19.41% year over year to INR 14.70 lakh. The sum has exceeded the total budget forecasts for FY 2023–2024’s 80% tax collection target. Income taxation is important to a nation’s development. It

Top 5 Benefits of Income Tax Return (ITR) filing on time Read More »

e invoice under GST

Simplifying the concept of e invoice under GST: GST e invoice

In India, the concept of e invoice under GST denotes electronic invoicing defined by the Goods and Services Tax (GST) law. An electronic invoice, also known as an e-invoice, is a digital document that is shared electronically between a customer and a supplier and is verified by the government tax portal. Business-to-business (B2B) invoices are

Simplifying the concept of e invoice under GST: GST e invoice Read More »

Scroll to Top