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What Is Form 26AS? Form 26AS is an annual tax statement issued under Section 203AA of the Income Tax Act, 1961. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax paid by the taxpayer, self-assessment tax, regular assessment tax, and details of refunds
What Is Form 16A? Form 16A is a crucial document in the Indian taxation system, serving as a TDS (Tax Deducted at Source) certificate. It is issued by entities that deduct TDS on payments made to others, such as freelancers, contractors, or other entities. The primary purpose of Form 16A
In a shocking revelation, an Indian student, 19-year-old Aryan Anand, who had been studying in the United States was deported after it was discovered that he had built his academic journey on a series of fraudulent activities. Anand’s elaborate scam fell apart after he boasted about it in an anonymous
The Unified Payments Interface (UPI), a revolutionary digital payments system launched by the National Payments Corporation of India (NPCI), has made significant strides since its inception. Known for its seamless, real-time payment capabilities, UPI has now embarked on an ambitious global expansion. By venturing into international markets, UPI aims to
As the country celebrated the 7th birthday of the Goods and Service Tax regime on July 1, 2024, a new development has been making news in the country. As per multiple sources, the Ministry of Finance seems to have decided to discontinue the monthly release of GST data from July
White-Collar Worker Definition & Meaning White-collar workers are those who perform professional, managerial, or administrative work. The term “white-collar” was coined in the early 20th century to describe employees who wore white, button-up shirts to work, in contrast to blue-collar workers who wore blue overalls. White-collar roles are predominantly office-based
With technology moving at a fast pace, digital signatures stand as a testament to the innovation’s next step ahead. Imagine having the ability to swiftly and securely authenticate documents with just a click of a button. A marvel of modern technology, digital signatures are not just electronic scribbles but cryptographic
In a landmark move, India has undertaken a sweeping overhaul of its criminal justice system with the introduction of three pivotal laws: the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita, and the Bharatiya Sakshya Adhiniyam. Having gone into effect from July 1, 2024, these new laws replace the colonial-era
Here we are again with another month of exciting advancements. We’re constantly pushing the boundaries of identity verification and risk management technology, and we’re thrilled to share the latest updates designed to empower your business. In this blog, we’ll delve into the details of our new features, functionality enhancements, and
What Is White-Collar Crime? The term “White-collar crime” encompasses a range of non-violent crimes committed by individuals, usually within their professional capacity, for financial gain. These crimes are characterised by deceit, concealment, and violation of trust rather than the use of physical force or violence. This term was first introduced
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