Turning ideas into B... • 1d
TDS and cess together make up 31.2%, which is why the amount received was ₹6,880. However, as per the rules, tax is only applicable if the winning amount exceeds ₹10,000. In this case, the prize was exactly ₹10,000, so tax shouldn't have been deducted. If the government is going to deduct taxes even on ₹10,000, then it would make more sense to set the prize amount at ₹9,999 to help winners avoid unnecessary tax deductions.
Turning ideas into B... • 1d
Seriously? The prize money was supposed to be ₹10,000, but I’ve received only ₹6,880. What’s this? Not even a single mention of any deduction, and now this random amount? If you weren’t going to give the full ₹10,000, then what was the point of writi
See MorePartner at D P S A &... • 1y
Continue-Tax and Accounting Compliance within the Online Gaming Sphere!! Value of supply of online gaming including online money gaming Value =Total paid or payable to or deposited with the supplier by way of money or money's worth, including virtu
See More•
E-Cell, IIT Bombay • 6m
Mehnat ki kamai par moti rakam maangte hue pakadi gyi 😅( Caught demanding huge amount for hard earned money) Tax -Treatment of popcorn 🍿 The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representative
See More•
The Institute of Chartered Accountants of India • 6m
How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha
See MoreYour Bottom Line Our... • 1m
📢 Income Tax Filing Awareness – Don’t Miss the Deadline! ✔️ Filing your Income Tax Return (ITR) is mandatory if your annual income exceeds the exemption limit. ✔️ It helps you avoid penalties, claim refunds, and build a strong financial record. ✔️
See MoreHey I am on Medial • 10m
Niket Raj Dwivedi I have a idea , not sure if I will ever start that but wanna know people's opinion , so if I participate in showcase am I still eligible for prize money if my idea is truly good and unique and better than any other ? I know showcase
See MoreDownload the medial app to read full posts, comements and news.