GST Info Tamil

  Indian AEO Programme Key Points About: AEO is a programme (2007) under the  World Customs Organization (WCO) SAFE Framework  of Standards to  secure and facilitate global trade. It aims to  enhance international supply chain security  and  facilitate the movement  of goods. Under this, an entity engaged in international trade is  approved by WCO  as compliant with supply chain security standards and  granted AEO status. An entity with an  AEO status is considered a ‘secure’ trader  and a reliable trading partner. Benefits of AEO status include  expedited clearance times, fewer examinations, improved security and communication between supply chain  partners. AEO is  a voluntary programme. Indian AEO Programme: The AEO Programme was introduced  as a pilot project in 2011. The security standards detailed in WCO SAFE Framework are the basis of the Indian AEO programme. There is  a three tier AEO Stat...

What is the mode of payment under Section 80G? Taxpayers in India can claim deductions under Section 80G for eligible donations. Here are the key modes through which donations can be made: Cheque: Donations made via cheque are eligible for Section 80G deductions. Demand Draft: Contributions made through demand drafts also qualify for Section 80G benefits. Cash (for donations below Rs 2,000): Cash donations are accepted for deductions if they are below Rs 2,000. Note:  In-kind contributions such as food, material, clothes, medicines, etc., and donations exceeding Rs 2,000 should not be in cash to qualify for Section 80G deductions. Criteria for Deductions: Eligible Donations: Various donations specified in Section 80G are eligible for deductions. Deduction Percentage: The deductions can be up to 100% or 50% with or without restrictions, as specified in Section 80G. Section 80G Deduction: Eligible List of Funds/Charitable Institutions for Donations The prescribed funds and charitable...