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There was no change in the timeline for tax payment; however, if the deposit of Advance Tax is delayed, a reduced interest rate of 9 percent per annum, or 0.75 percent per month, [18] will be applicable instead of the current rate of 12 percent per annum, or 1 percent, for payment of all taxes falling between 20 March 2020 and 30 June 2020.
Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [ 2 ] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [ 3 ] and Government is considering to make it more attractive ...
The Food and Drug Administration may finally move to ban artificial red food dye, the coloring found in beverages, snacks, cereals and candies. At the Senate Health, Education, Labor and Pensions ...
The Union budget in 2020 was presented in a backdrop of a slowing down of the Indian economy with estimated GDP growth for 2019–20 being at an 11-year low of 5%. [1] Factors such as the IL&FS ( shadow banker , NBFC ) crisis contributed to the slowdown; [ 13 ] as well as international financial markets issues such as the China–United States ...
Several Republicans are eager to replace Vice President-elect JD Vance in the U.S. Senate. Gov. Mike DeWine hasn't said who he's considering.
3. Keebler Fudge Magic Middles. Neither the chocolate fudge cream inside a shortbread cookie nor versions with peanut butter or chocolate chip crusts survived.
Download as PDF; Printable version; In other projects ... March 2019 [21] [22] 8.0% 2019–20 ... Loan facility is available from 3rd financial year up to 5th ...