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Form 16D is a TDS Certificate issued for payment of a commission, brokerage, contractual fee, the professional fee under section 194M by the payer. Under Section 194M if the payments to resident contractors and professionals exceed INR 50,00,000 during the Financial Year, the payer has to deduct tax at the rate of 5% from the sum payable to a ...
Non-payment and late payment of invoices is estimated to be the cause of 25% of corporate bankruptcies. To mitigate this, the European Commission has introduced the Late Payment Directive that sets a limit on businesses to settle their invoices within 60 days. [21]
Many systems, including the United States and Canada, extend this tax free treatment to the formation of a corporation by any group of shareholders in control of the corporation. [47] Generally, in tax free formations the tax attributes of assets and liabilities are transferred to the new corporation along with such assets and liabilities.
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Festivus is a holiday first coined in Season 9, Episode 10 of Seinfeld.Invented by George Costanza’s father, Frank. Festivus is an alternative to Christmas, where families can air their ...
The majority of menopausal women are deficient. Experts weigh in on the benefits of taking a vitamin D supplement in menopause.