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About 3 results for "rsm astute consulting group"

Are you eligible for this new tax scheme?
Rediff.com

Are you eligible for this new tax scheme?

PTS may help professionals and freelancers to lower their tax liability, reports Tinesh Bhasin.Illustration: Uttam Ghosh/Rediff.com This assessment year onwards, professionals with a turnover of Rs 50 lakh or less can file returns under Section 44AA (1) of the presumptive taxation scheme, PTS. They need to consider 50 per cent of the gross turnover as profit and pay tax depending on their tax slab. Earlier, this was available to small businesses only. The most attractive part of the scheme is ... Rediff.com, 3 weeks ago

1 images for "rsm astute consulting group"

Downtown In Business, 8 months ago

Trump era: Tips for NRIs returning to India

As protectionism grows from the United States to Australia, Sanjay Kumar Singh draws up a comprehensive financial checklist for those shifting to India. IMAGE: Not just the US, even for those who have migrated to West Asia, obtaining citizenship is difficult, necessitating a return at the end of their work tenure. Photograph: Rupak De Chowdhuri/Reuters.   With United States President Donald Trump ordering a review of the H-1B visa programme in the US, there are widespread ...
 Rediff.com1 month ago
Rediff.com

Claiming HRA: Can't get away with fake rent receipts

When submitting house rent allowance receipts, claiming that you pay rent to a close relative like parents, siblings or spouse, ensure you have supporting documents to substantiate it, experts tell Tinesh Bhasin.Illustration: Uttam Ghosh/Rediff.com A recent Income Tax Appellate Tribunal, ITAT, Mumbai, judgment has opened a can of worms. A taxpayer claimed Rs 2.52 lakh HRA stating that she gives rent to her mother. When supporting documents such as rent agreement and bank statement were sought, ...
 Rediff.com2 months ago
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