Corporate World

09/06/2021

Individuals whose annual income is in excess of the basic exemption limit of Rs 2.5 lakh must mandatorily file their income tax returns. Even if there is no tax liability, an income tax return (ITR) must be filed if the total income exceeds the above-mentioned threshold.

‘Income tax return’ is a form in which taxpayers declare details of income, deductions, exemptions, and taxes payable on their taxable income.

Filing income tax return is mandatory to claim tax deductions under Section 80C, 80D, etc. and other eligible exemptions like long-term capital gains exemptions, which may eventually bring your taxable income to zero

Filing ITR not only keeps you tax-compliant but also offers various benefits, which we have discussed in the Video. To know the various benefits of filing Income Tax Return watch this video till the end.

Individuals whose annual income is in excess of the basic exemption limit of Rs 2.5 lakh must mandatorily file their income tax returns. Even if there is no ...

28/05/2021

What is a patent? In this video, I will give you the definition of patent.
Patents are protecting inventions. So if you have invented a new smart Board or even more useful stuff like flying cars you can apply for a patent with your patent office.

A technical aspect of the invention is mandatory in India and most countries in order to get a patented.

Drafting and prosecuting a patent is rather complicated – so the help of a patent agent is highly recommended.

A patent will then be granted if the claims of the patent are new and inventive or non-obvious. To improve the chances of a patent to be granted. You need to find out what has been known about similar technical concepts before even filing the patent application.
Once filed, the patent office will search millions of documents in many databases to find out whether your invention is new. After the office has determined novelty, it will also find out whether your invention is obvious in the view of the documents that the office has found during the search - which is another objection that the office can raise.

After the grant of the patent, people who want to use your technology will have to ask you for a license to the patent. A patent will typically last a maximum of 20 years starting from the filing date. You will have to pay renewal fees during the lifetime of the patent. And once the patent ceases to exist, anyone is free to use your technology.

What is a patent? In this video, I will give you a definition of a patent. Patents are protecting inventions. So if you have invented a new smart Board or ev...

26/05/2021

Hello all,In this video, we tell you about how to save tax on PF withdrawal. EPFO India follows some set guidelines to deduct TDS on pf withdrawal and there ...

23/05/2021

How To Update Bank Account In Epf Portal Online EPF pe apna Bank account change kaise karewrong IFSC code entred in PF Portal. How to Change. pf ifsc code ch...

23/05/2021

INCOME TAX DEPARTMENT LAUNCHING NEW PORTAL
Features Of New Income Tax Portal
INCOME TAX FILING
INCOME TAX FILING OLD PORTAL WILL NOT BE AVAILABLE FROM 1 JUNE TO 6 JUNE 2021
INCOME TAX PORTAL www.incometax.gov.in

INCOME TAX DEPARTMENT LAUNCHING NEW PORTALFeatures Of New Income Tax PortalINCOME TAX FILINGINCOME TAX FILING OLD PORTAL WILL NOT BE AVAILABLE FROM 1 JUNE TO...

08/06/2020

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