Frequently Asked Questions

qus :
What is the limit for GST registration ?

ans : Rs. 40 lakhs turnover

qus :
What is the rate of tax ?

ans : Depending item falling in any of the schedules

qus :
What is the frequency of filing returns ?

ans : Monthly/quarterly and yearly

qus :
What is the rate of tax ?

ans : 12.36%

qus :
What is the basic limit for income tax ?

ans : Rs. 2 /2.5/5 lakhs income depending on the age of individual

qus :
What is the rate of tax ?

ans : 10% to 30%

qus :
What is the rate of income tax for company ?

ans : 30%

qus :
What is the frequency of filing returns ?

ans : Annually

qus :
What are due dates for return filing ?

ans : July 31 and September 30

qus :
What are dates of payment of advance tax ?

ans : June 15/ September 15, December 15/ March 15