Kapil Jain

IIM Alumnus ~ Gold Medalist ~ Love Swimming , Spending time with my Children, Wannabe Guitarist-Director~Enrichwise Fin Svcs Pvt Ltd Investments/Tax/Legal Svcs

[Kapil Jain @enrichwise]

@SarangSood PLS REMOVE THIS AS IT HAS BEEN USED WITHOUT MY PERMISSION

Sarang This video is from my enrichwise channel https://t.co/A8VGKpoZgG…
https://t.co/rh2YV45yok…

Kapil Jain
Director - Enrichwise Financial Services Pvt Ltd

[Kapil Jain @enrichwise]

@SarangSood Sarang This video is from my enrichwise channel https://t.co/Zy0pdkqg5W
https://t.co/rJu7jTaKcO

Would appreciate if you can pls give reference...

Kapil Jain
Director - Enrichwise Financial Services Pvt Ltd

[Kapil Jain @enrichwise]

Tax weekend at Enrichwise

[Kapil Jain @enrichwise]

The Enrichwise Financial Post is here

[Kapil Jain @enrichwise]

Free AI LEARNING tool at Google

#GoogleCloudSkillsBoost https://t.co/wlP1Ey8zQU #

[Kapil Jain @enrichwise]

@mediacrooks The Untouchables...

[Kapil Jain @enrichwise]

Why Health insurance makes a lot of sense ?

[Finance Memes @Qid_Memez]

😂

[Kapil Jain @enrichwise]

SGB

[Kapil Jain @enrichwise]

SGB

[Kapil Jain @enrichwise]

RBI monetary policy

[Kapil Jain @enrichwise]

issko kehte hain Markets.... suno sabki and karo Mann ki …. Markets hit all time high as BJP sweeps State elections!

[Kapil Jain @enrichwise]

Pre Diwali 🪔 celebrations and lunch with My fav Team Enrichwise …. Wish you Happy times and seasons greetings 🎉🎉 and looking forward to exciting times ahead

[Kapil Jain @enrichwise]

#passion #success

[Kapil Jain @enrichwise]

आपको और आपके परिवार को
*धनतेरस* की मंगलमय शुभकामनाएं 💐
कपिल जैन 💐

[Kapil Jain @enrichwise]

https://t.co/x5PyzNqstj
Mind over Money: Mastering the Mental Game for Financial Triumph

[Kapil Jain @enrichwise]

Hindu Undivided Family (HUF) is a way of doing family business in a very structured and legal manner, making it possible to reduce family disputes due to business in the long term. Let’s understand in detail what HUF is and how it works.

https://t.co/T2cgDJylj7

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

New Functionality for "Challan Correction" by @IncomeTaxIndia

Path :Dashboard > Services > Challan Correction

Using this Functionality you can Change Assesment Year, Major Head and Minor Head for Advance Tax, Self-Assessment Tax and Demand Payment as Regular Assessment Tax for Challan pertaining to A.Y. 2020-21 onwards

Thanks @madhawanipiyush

[Kapil Jain @enrichwise]

Attention NRI’s

[Income Tax India @IncomeTaxIndia]

Dear Taxpayers,

Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar.
Further, PAN holders, whose PANs have been rendered inoperative due to non-linking of PAN with Aadhaar, have expressed concern over certain consequences of PAN becoming inoperative.

In this context, the following clarifications may be noted:

1. ITD has mapped the residential status of NRIs in case they have filed the ITR in any of the last 3 AYs or they have intimated their residential status to the Jurisdictional Assessing Officer (JAO). The PANs have been rendered inoperative, in case any one of the above-mentioned criteria is not met.
The NRIs whose PANs are inoperative are requested to intimate their residential status to their respective JAO along with supporting documents with a request to update their residential status in the PAN database. Details of JAO can be found at - https://t.co/S3Fma6JREy

2. The PANs of OCIs/foreign citizens, who may have applied for PAN under resident status and have not corrected/updated their residential status to the Jurisdictional Assessing Officer (JAO) or have not filed ITR in any of the last 3 AYs, have been rendered inoperative.
The OCIs/foreign citizens are requested to intimate their residential status to their respective JAO along with supporting documents with a request to update their residential status in the PAN database.
Details of JAO can be found at - https://t.co/S3Fma6JREy

3. It is clarified that an inoperative PAN is not an inactive PAN. One may file the Income Tax Return (ITR), irrespective of PAN becoming inoperative.
Only following are the consequences of ‘inoperative’ PAN:
i. Pending refunds and interest on such refunds will not be issued to inoperative PANs.
ii. TDS will be required to be deducted at a higher rate for inoperative PANs in accordance with section 206AA.
iii. TCS will be required to be collected at a higher rate for inoperative PANs in accordance with section 206CC.

Kindly refer to the CBDT Notification No.15/2023 dated 28th March, 2023 for details:
https://t.co/MIGKfbFTII

@nsitharamanoffc
@officeofPCM
@FinMinIndia
@PIB_India

[Kapil Jain @enrichwise]

CBDT issues Notification No.31/2023 dt 24.05.2023 increasing limit for tax exemption on leave encashment for non-government salaried employees to Rs.25 lakh w.e.f. 01.04.2023.