Goods and Services Tax (GST) in India started on July 1, 2017. Its purpose is to simplify taxes and treat goods and services equally all over the country.GST replaces several older taxes like VAT, excise duty, and service tax, creating one single tax system. There are different GST rates for different goods and services, usually between 5% and 28%.Overall, GST has … [Read more...] about Top 10 GST Mistakes Businesses Make and How to Avoid Them Easily
Understanding Corporate Crises: An Investor’s Perspective on Risk Mitigation
Investing in the stock market can be rewarding, but it comes with risks, especially when a company faces a corporate crisis. Understanding how to identify potential problems before they escalate can help you protect your investments from a corporate crisis. This guide outlines key indicators that signal a corporate crisis and what to watch for as an investor to mitigate … [Read more...] about Understanding Corporate Crises: An Investor’s Perspective on Risk Mitigation
Key reasons why Form 26AS is important: Understanding tax credit statement
Form 26AS provides a summary of all the tax deducted at source (TDS) from your income. This includes tax deducted on salaries, interest, rent, professional fees, commission and other sources, allowing you to see how much tax has been paid on your behalf. You can access Form 26AS online through the Income Tax Department’s e-filing portal by logging in with your … [Read more...] about Key reasons why Form 26AS is important: Understanding tax credit statement
Reporting All Income? 7 Taxable Sources You Might Be Missing
If any source of income is not reported or accounted for when submitting a tax return, then it means you have under-reported your taxable income. This can include various types of income that may have been overlooked or forgotten during the filing process.Here are 7 common taxable income sources that individuals may overlook when filing their tax returns:Interest … [Read more...] about Reporting All Income? 7 Taxable Sources You Might Be Missing
5 Major Events That Impact Stock Market Performance: A Guide for Investors
The stock market is influenced by a complex interplay of factors, including economic data releases (like GDP and unemployment rates), central bank policies (such as interest rate changes), corporate earnings reports, geopolitical events, legislative developments, and natural disasters. Investor sentiment plays a critical role, driven by perceptions of risk, market … [Read more...] about 5 Major Events That Impact Stock Market Performance: A Guide for Investors