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Tax Slab Rate & Deductions Applicable For Individuals for FY 2019 – 2020

The central authorities of all countries follow a certain tax structure that helps the government to collect revenue. Therefore, every country has a unique Tax Slab Rate. Moreover, people, from all walks of life, fall under the tax structure whether earning NIL or in lakhs or more than that. If you are associated with a […]

What is the Process and Scenario to Claim GST Refund?

The term “Claim GST Refund” denotes a situation where the GST paid by the taxpayer is more than the actual GST liability and the taxpayer can ask the authorities to refund the difference back to him/her. Under GST Law, the process of claiming a refund is standardized in order to avoid confusion. Moreover, the process […]

Web Aggregator License Renewal Process and Requirements in India

Web Aggregator License Renewal: With a rise in the number of insurance buyers and increase in the use of the internet by consumers to purchase goods or avail services, the need for technological disruption in the insurance sector in India became the need of the hour. Keeping this in mind, the Insurance Regulatory and Development […]

Web Aggregator License: All About Insurance Web Aggregation in India

Insurance plays a critical role in any country’s economy as it protects the future of individuals and businesses from any form of financial risks, allowing them to transfer such risks to a third party and manage them more efficiently. By providing security to individuals and businesses, insurance protects the overall economic development of a country. […]

What are the Norms of Insurance Web Aggregator by IRDAI

A web Aggregator is an online intermediary that maintains a website for rendering the details of insurance products and policies. The website maintained by the web aggregator is useful for comparison of different products and services given by various insurers. These websites provide an interface for the following services: Price comparison Comparison of policies provided […]

What are the Documents Required for Insurance Web Aggregator License?

Web Aggregator is an online portal for enquiring about financial and insurance products. This is a useful platform for any individual for getting the quote and buying diverse Insurance products or policies through the service providers sitting at one point. Insurance Web Aggregators are companies: registered under the Companies Act and regulated under the Insurance […]

All you need to know about Insurance Web Aggregator License

Currently, there are twenty-four Insurance companies in India, but how do you know which company offers you the best service as per your convenience? So, IRDA introduced the solution to your problem, Insurance Web Aggregators. Insurance Web Aggregators operate online portals that help customers in comparing insurance products and services offered by different insurers and […]

Insurance Web Aggregators -IRDA Regulations 2017

In its notification dated 13th April 2017, the Insurance Regulatory and Development Authority of India laid down the IRDAI (Insurance Web Aggregators) Regulations, 2017 for Insurance aggregators. With the introduction of these rules, IRDA aims to supervise and monitor Web Aggregators to curb aggressive selling of insurance products and clarify various ambiguities that existed in […]

GST Taxation In India

GST stands for Goods and service tax which is taxed indirectly hence an indirect tax or a consumption tax applied on the goods sold and services provided. GST is involved in every step of the production process of goods or services but is refunded to all the involved parties in the sequence or chain of […]

CBDT Clarifies Provisions Regarding TDS Deduction from Salaries for F.Y. 2020-21

Recently, CBDT (Central Bureau of Direct Taxes) by way of Circular No: 20/ 2020, issued on 03.12.2020, has clarified provisions regarding the “TDS Deduction from Salaries for the Financial Year 2020 – 2021”. Further, such a circular was passed in furtherance to Circular No: 4/2020, issued on 16.01.2020, which dealt with the Rates concerning TDS […]

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