Federal Income Tax Rate for 2021,income tax brackets There are many taxes in United State of America. Federal Income Tax States Tax Income Tax Sales Tax Federal Income tax rate Federal income tax rate is applicable in United state of America. Federal income tax levies on citizen of United state of America. There […]
List of documents are required for Company registration : According to companies Act 2013 there are various documents require for registration of a new company under company Act. The following documents are required for company registration: 1.PAN of all directors 2.Aadhar card of all directors 3.Digital signature of all director 4.Photograph of all directors 5.Proof […]
GST registration procedure How to register in GST ? There are various provision for registration under various Act and various document require for registration of a new person. GST registration procedure is very same first login on GST portal new registration fill following. 1.PAN no. Email ID 3.Mobile No. after successfully Temporary reference Number will […]
Income Tax Deduction under section 80DD According Income Tax Act ,1961 section 80 DD allowed deduction in respect of any expenditure incurred or maintenance on a dependent who is a person with disability by any individual or Hindu undivided family. A resident of India being an individual or Hindu undivided family incurred any expenditure […]
Income Tax Deduction Under Section 80 C Any individual or a Hindu undivided family paid or invest any income in the following 1.Life Insurance premium paid for self and spouse & children’s 2.Contribution to provident Fund 3.Contribution to public provident Fund 4.Tuition Fee for full time education for collage, school or other educational institution situated […]
Income Tax Benefit for higher education loan According to provision of section 80 E of Income Tax Act,1961.Any individual who avail education loan for higher education and paid interest on it can claim deduction on it.This deduction is separate from Rs.1,50,000 under section 80C.
Type of Companies 1.Private Limited Company 2.Public Limited Company 3.Unlimited Company
Type of Business 1.Sole Proprietorship 2.Company 3.Hindu Undivided Family 4.Partnership 5.Co-operatives 6. 7.Limited by Partnership
What is authorised capital Authorised capital or nominal capital mean such capital as is authorised by the memorandum of a company to be the maximum amount of share capital of the company.