Author: saginfotech

Complete Guide to Form 12BB for Deductions: Key Points Explained

In the corporate sector, you must reveal your tax-saving investments to your employer at the beginning of each fiscal year. The first declaration is an estimate that may be amended... Read More

What to Do After Mismatch TDS Details in Form 16, 26AS, and AIS?

When addressing discrepancies between TDS and additional information presented in Form 16, Form 26AS, and the AIS, it is advisable to take the following necessary steps: Validate the details provided... Read More

Employers are now requiring employees to provide evidence of their investments made over the year in order to offset higher tax deductions from their salaries. Salaried individuals must stay updated... Read More

TDS on Rent to Understand Penalties, Interest Rates, and Applicability

Understanding Tax Deducted at Source (TDS) on Rent in India is covered under Section 194-I of the Income Tax Act. This law requires people or entities to deduct TDS before... Read More

An easy method for businesses to file their GST returns online

All businesses registered for GST, including those with no returns, must be able to record their income from business operations through ease of doing business, such as the capacity to... Read More

Difference Between NTR and OTR for Salaried Positions

At this time of year, salaried employees are expected to provide their employers with investment disclosures. These declarations help to reduce the tax deducted at source (TDS) on salaries. With... Read More

Certain types of taxpayers are obliged to submit TDS and TCS returns. Gen TDS is a user-friendly online platform that ensures compliance with TRACES and CPC standards in India. It... Read More

Understand Import & Export Data Options in Gen TDS Software

The Gen TDS software streamlines compliance and makes the filing process more efficient. It provides self-filling alternatives for a variety of forms via import and export functionality. Even those with... Read More

When products or services are purchased or sold in India, a bill of sale is created. If these transactions fall under the GST Act, the bill is referred to as... Read More

Latest Official Updates From the Indian Government on GST

Every year, the government offers revisions and updates to various tax regulations, with the goal of simplifying the taxes procedure for taxpayers. This page digs into recent GST (Goods and... Read More