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Let’s know how income tax was introduced!!

Gross Profit and Net Profit are necessary to understand and create accurate financial statements as you monitor your business’s financial health.

Differentiating between the most commonly confused terms.

Direct is one that is received directly from operations while indirect income is gained from non-business activities is indirect income.

Know the difference between Direct and Indirect Expenses!

There is a special kind of tax levied on salaried individuals and people engaged in profession, trade and calling in India and it is called . The tax has to be paid to the state government.

The maximum amount of professional tax that can be levied is Rs.2,500 per year.The total amount of professional tax paid during the year qualifies for deduction under the Income Tax Act, 1961.

The scheme provides full medical care to the employee registered under the ESI Act, 1948. It provides financial assistance
to compensate the loss of his/ her wages during the period of his abstention from work due to
sickness, maternity, employment injury etc.

Employees' Provident Fund is a scheme to save money for one's retirement. Both employers and employees contribute to this plan. At the time of retirement, the employee gets a lump sum and interest on it.

Urgent Hiring!
Looking for Accountant with 4+ years of experience

Interested candidates may send their CV on the below email ID⬇️
[email protected]
📍Vatva, Ahmedabad (Gujarat)

Hurry up!! Apply Now to grab the opportunity