Report By Income Tax Department, 80% Increase In ITR In Last 4 Years
Central Board of Direct Taxes (CBDT) of the Income Tax Department has released new figures related to important income tax and direct taxes for the last four years, on Tuesday. CBDT said that the number of income and direct taxpayers has increased by 80% in the last four years. CBDT said, “Taxpayers including companies, firms, and Hindu undivided families having an annual income of more than INR 1 crores has increased significantly.” Rise in Income Tax Returns by 80% Income Tax e-Filing: The Easiest Way To e-File Income Tax In India CBDT said in its report that during the last
Read moreMahesh Gupta: How Children’s Jaundice Lead Him To Own The Biggest Water Purifier Company?
There are many people who inspire us with their story. One such man is Mahesh Gupta. In this blog, we have discussed about the struggle and success story of Mahesh Gupta, founder of Kent – the biggest water purifier company in India. What is Kent? Founded in 1999, Kent RO Systems Ltd. is a well-being and healthcare product company headquartered in Noida, Uttar Pradesh. The company manufactures the best water purifiers in India using Reverse Osmosis technology. The company was launched back in the time when the water filters were not very common, or say, they hardly existed. With one
Read moreSME Loan: Unsecured Business Loan For SMEs
An SME loan is of great use for SMEs who are looking for an additional source of business funding. This blog talks about what an SME loan is and its features. You will also get an insight on how to apply for a business loan. What is the meaning of SME Loan? SME loan, in simple words, can be explained as finance offered to Small and Medium Enterprises by banks, NBFCs, and other lending institutions. These finances allow the SMEs to focus on their core business without worrying much about the funds. SME finances are tailored to meet the needs of SMEs. There
Read moreGood News: Relief To Taxpayers, Govt. Extends GST Return Filing Date To Oct 25
The Finance Ministry extended the deadline for filing summary sales GST Return 3B for the month of September by five days, on Sunday. Earlier, where the deadline was on October 20, now the new deadline is October 25. Additionally, the businesses who wish to claim Input Tax Credit (ITC) from July 2017 to March 2018, can do so till October 25. The Central Board of Indirect Taxes and Customs (CBIC) that comes under the Finance Ministry informed this via tweet. Also Read: GST Login: Guide On How To Login GST Portal India Generally, the GST Return 3B is to be filled
Read moreDo You Know These Benefits Of Early Closure Of MSME Loans?
Availing MSME loans are absolutely easy these days! With the presence of online finance companies, MSME loan is within everyone’s reach. MSME loans have flexible repayment tenure and terms. Many online lenders also offer MSME loan without security. Additionally, MSME loan eligibility criteria are easy to meet and it is offered with minimal documentation. There are a number of MSME loans schemes for entrepreneurs, manufacturers, traders, and other businessmen that they can avail and take the benefit of. Having said this, the basic nature of a business is uncertainty and therefore, there are times when an MSME has surplus cash. In such
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