Topic
"Tax"
Examples of Tax Evasion
People in India employ a variety of tactics to avoid paying taxes, ranging from filing fraudulent tax returns and smuggling to falsifying documents and bribes. The penalty for not disclosing income ranges from 100 percent to 300 percen...
published on Jan 17, 2022
EPF Withdrawal
From June to August 2020, the Government of India will pay the employer and employee contributions to employees' EPF accounts for extra three months. The incentive is available to businesses with up to 100 employees and 90% of those employe...
published on Dec 12, 2021
Gold Monetisation Scheme (GMS) {स्वर्ण मुद्रीकरण योजना}
The gold monetisation scheme is the gold savings scheme. Generally, people keep their gold at their home, or they can store it in bank lockers by paying a maintenance fee. But rather than that, you can keep your gold in any form in a gold m...
published on Jul 03, 2020
ELSS Scheme (Equity Linked Savings Scheme)
Equity Linked Savings Scheme (ELSS) is a type of mutual fund scheme that mostly invests in equity as well as equity-related instruments to produce high returns. The thing that makes ELSS different from many other equity mutual fund schemes...
published on Jun 23, 2020
Electoral Bond Scheme {चुनावी बांड योजना}
An electoral bond is known as a promissory note that can be bought by any Indian citizen or company incorporated in India from some select branches of State Bank of India. The citizen or corporate can donate the purchased bond to any eligib...
published on May 25, 2020
GST Composition Scheme - Limits, Rules, Rates, Bill Format, Benefits and Limitations
GST or good and services tax is one indirect tax for the whole nation. It has replaced many indirect taxes in India. It is a multi-stage, destination-based tax which is levied upon each value addition. GST applies to every business, and th...
published on May 13, 2020