Tax Saving Fixed Deposit: To enforce retailers to less interest on 5 Years fixed deposits, Therefore, the Finance Minister has announced in 2006 that all fixed deposits
Section 80 Income tax deduction. Worried about paying huge taxes every year? Learn about these deductions that can reduce your taxes. Section 80C – Decrease in
80GG – Deduction in paid House Rent. Deduction under Chapter VI-A of the 80GG as per the Income-tax Act, 1961. It has been introduced to provide relief to people
Auto-fill Income Tax Preparation Software in Excel. If you are planning to buy a house, it is important for you to analyze how much money you will
Income tax planning. Planning of proper Tax savings is almost indispensable for the F.Y.2021-22 Therefore, tax evasion is difficult, you can still have effective tax evasion
Income tax planning. Planning of proper Tax savings is almost indispensable for the F.Y.2021-22 Therefore, tax evasion is difficult, you can still have effective tax evasion
Tax benefits on home loans: Sections 24, 80EEA and 80C, Home loan repayment consists of 2 components i.e. principal repayment and interest repayment. Home loan tax
Rates of old and new tax regimes for A.Y 2022-23, Comparison of rates of old and new tax systems for A.Y 2022-23 The new income tax slab rates introduced
What is income tax relief under section 89(1) of the Income Tax Act, 1961? For the purpose of income tax law, income tax is levied on the total
Salary arrears of the previous financial year’s received from an employer or concerned enhance your taxes and are reflected in the year of receipt. To less the
