GST stands for Goods and Services Tax which has been levied by the govt of India at the national level. Online GST calculators which are offered by several third-party websites has to be used to ascertain the price of [...]
According to GST rules, it's mandatory for a business that contains a turnover of above Rs.40 lakh to register as a standard taxable entity. This is stated as the GST registration process. The turnover is Rs.10 lakh for businesses [...]
BBMP Property Tax Bangalore has attracted plenty of people from across India. Most people move to the Silicon Valley for work and find yourself purchasing their own homes. The BBMP charges property tax to those who purchase real estate in [...]
Property Tax Property tax is charged by the govt on all tangible assets that an individual owns. These property assets could include residential homes, office buildings and premises rented out to third parties. What is Property Tax? Taxes are [...]
Road tax in Karnataka is determined by the Karnataka Motor Vehicles Taxation Act. The amount payable as tax depends on a number of variables including vehicle age and engine capacity. When you decide to purchase a car or a [...]
What is Service Tax? Service tax was, in the past, a form of tax that was collected by the Indian Government for certain goods and services. The individual paying the service tax can be either a receiver or a [...]
All state and national highways in India belong to the govt , and road tax is applicable to all or any those people who wants to use them. The taxes collected are used to maintain the roads in order that [...]
Sales Tax Sales tax is usually a percentage of a product’s value which is charged at the purpose of exchange or purchase and is indirect. The different sorts of value added tax are retail, manufacturers’, wholesale, use, and value added [...]
Section 80C of the tax Act allows for deductions up to Rs.1.5 lakh p.a. Under the section, individuals can invest in a number of savings schemes to claim deductions on their taxable income. What is Section 80C? Section 80C [...]
