Saturday, February 24, 2018

FY 2018-19 All about Tax Deducted at Source (TDS)

FY 2018-19 All about Tax Deducted at Source (TDS)
Tax deducted at Source i.e TDS is basically a part of I.T. income tax. It has to be deducted by a person for certain payments made by them. In this article, we will discuss in detail about the TDS provisions under the Income Tax Act.

What is TDS? ( Click to read our detail article on TDS )
When should TDS be deducted and by whom?
What is the due date for depositing the TDS to the government?
How to deposit TDS?
How and When to file TDS returns?
What is a TDS certificate?

What is TDS? FY 21018-19 TDS Information and Calculation rates chart

What is TDS ? Types of TDS and its rates for FY 2018-19 
Every information regarding the TDS are mentioned below with applicable chart rates.
Tax Deducted at Source (TDS) is a means of collecting income tax in India, under the Indian Income Tax Act of 1961. Any payment covered under these provisions shall be paid after deducting prescribed percentage. It is managed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue managed by Indian Revenue Service ..

What is TDS? TDS is simply Tax Deducted at Source. As per the Income Tax Act – persons responsible for making payments are required to deduct tax at source at prescribed rates. Instead of receiving tax on your income from you at a later date, the govt wants the payers to deduct tax before hand and deposit it with the govt.

Tax Deducted at Source (TDS) is a system of Indirect Tax Collection by Income Tax Department, where an individual is responsible for making specified payments such as
salary, 
commission, 
professional fees, 
interest, 
rent, etc.

Tuesday, February 20, 2018

Jobs in Teaching vacancy in SVBPUAT Meerut 2018

Teachers and Professor vacancy in SVBPUAT Meerut 2018. Suitable Candidates may apply for the following teaching posts at Sardar Vallabhbhai Patel University of Agriculture & Technology (SVBPUAT), Meerut (UP) (Advt. No. I/2018) :

Jobs in Teaching vacancy in SVBPUAT Meerut 2018
List of Vacancies
Professor (Basic Science) 01
Professor (Agriculture Extension) : 01 post
Professor (Horticulture) : 01 post
Professor (Agriculture Economics & Management) : 01 post

Sunday, February 18, 2018

What is Balance Sheet ?

What is Balance Sheet ? 
Definition of 'Balance Sheet'
Balance Sheet is simple language we can say that It is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. at a point in time. Balance sheet includes assets on one side, and liabilities on the other.
Balance Sheet is a Financial Statements


For the balance sheet to reflect the true picture, both heads (liabilities & assets) should tally
(Assets = Liabilities + Equity).

 
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