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The Quarterly Return Filing and Monthly Payment (QRMP) Scheme is a simplified compliance regime under the Goods and Services Tax (GST) in India. It is available to registered taxpayers whose aggregate annual turnover (PAN based) is up to ₹ 5 Crore in the current financial year and the preceding financial year (if applicable) and have already ...
Filing taxes for 2024 can feel overwhelming, but with the right guidance, you can navigate through deductions, credits, federal taxes, state taxes and more.
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
5-signs-you-need-professional-help-filing-your-taxes.jpg Plan To File Early in 2023 If you filed a little too close to the Tax Day deadline in 2022, you can start planning now to file as early as ...
A "dependent" for these purpose includes grandchild and step-grandchildren, not just children and stepchildren. [13] Filing as a head of household can have substantial financial benefits over filing as a single status taxpayer. As a head of household, one may obtain a more generous tax brackets and larger standard deductions. [14]
A flight passenger took to social media to ask for advice after being told to "climb over" a fellow flyer in order to exit the row for a bathroom break. An etiquette expert weighs in.