All about Tax Savings and their BenefitsEntrepreneurs, servicemen, business owners, and government employees are liable to pay income tax on the basis of their income scale to the government of the country. Being a taxpayer is important and is one of the best ways to keep your income r...
Income tax calculation under the head "Salaries"Generally, Income from salary is total sum of the following Basic Salary House Rant Allowance (HRA) Special Allowance Tra...
Offences and Penalties A table containing the details of offences and penalties applicable under the provisions of Income Tax Act along with the latest amendment vide Finance Act, 2021 that are applicable for the Assessment Year 2022-23 and further a...
Introduction The income that is earned from a property by the assessee is known as Income from House Property. If a individual owns a house and receiv...
Introduction According to the provisions under Section 192 of the Income Tax Act, 1961, TDS (tax deducted at source) is done on salary. Generall...
What is an Inheritance Tax? Inheritance tax is also known as death tax as it is calculated basing on the fact that who owns the property after the deceased...
