We offer a thorough statutory tax compliance tracker for August 2024 in this blog post to help financial professionals and businesses remember important deadlines. Important dates and forms for income tax, EPF, ROC, GST, and ESI compliance are included in the handbook. We also highlight important regulations and modifications, such as the latest labor law amendments and the GST Amnesty scheme. Businesses can avoid penalties, fines, and reputational harm by adhering to this tracker, which will guarantee seamless operations all month long.

Navigating India's tax system can be complex, but understanding tax-free income avenues can help you save significantly. This comprehensive guide covers the basic exemption limits, agricultural income, HUF income, gratuity, leave encashment, pensions, and more. Explore how to optimize your tax planning with exemptions on PPF, EPF, life insurance proceeds, gifts, scholarships, and other sources. Whether you're a salaried employee, retiree, or investor, this guide will help you make informed financial decisions and minimize your tax liabilities.

As the Assessment Year (AY) 2024-2025 approaches, taxpayers can reduce their taxable income by maximizing deductions under Section 80C of the Income Tax Act. This guide covers various eligible investments and expenditures, including life insurance premiums, PPF, EPF, NSC, ELSS, home loan principal repayment, SSY, SCSS, tax-saving FDs, tuition fees, and infrastructure bonds. It also provides tips and strategies for effective tax planning to help you optimize your tax savings.

Discover how to maximize your tax savings with Section 80C of the Income Tax Act. This guide covers eligible investments like PPF, EPF, NSC, and tax-saving fixed deposits. Learn strategies to utilize the ₹1.5 lakh deduction limit, understand subsections 80CCC and 80CCD, and plan your finances for long-term benefits. Optimize your tax-saving strategies with this in-depth exploration of Section 80C deductions.

The UIDAI had clearly mentioned that the use of Aadhaar as proof of date of birth should be removed from the list of acceptable documents in its circular dated 22.12.2023.

The Employees’ Provident Fund Organisation (EPFO) has closed the option for subscribers to withdraw a portion of their retirement savings as a Covid-19 relief measure.

The Employees’ Provident Fund Organisation (EPFO), which oversees EPF contributions, enables subscribers to make partial withdrawals or 'advances' from their provident fund savings in specific situations.

How to check epf balance online: The EPFO annually credits interest to over 24 crore EPF accounts. For FY 2022-23, the interest rate is 8.15%, announced in June 2023.