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high value cash transactions

Govt has reduced tax burden on small traders & businessmen

Measures for Promoting Digital Payments & Creation of Less-Cash Economy In yet another game changing move, the ministry of finance has lowered the rate of deemed profits that are chargeable to tax under presumptive scheme for businesses. For the small business traders doing business in manufacturing, wholesale,retail or trading, opting for presumptive scheme of taxation […]

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ClearTax’s launch of Tax Cloud App on DD News

ClearTax recently announced the launch of its TaxCloud Android App for CAs. The TaxCloud app lets CAs and CA Firms manage their practice from their phone. The cloud-based app will help CAs check the filing status of their clients anytime and from anywhere. Similar to www.cleartax.in, this app has features like automatic selection of the correct ITR form. The […]

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