by Admin | Feb 6, 2023 | Income Tax
Income tax laws in India are complex. New reforms make it increasingly important to track changes in this area. For those seeking to pursue a career in tax, or professionals in other fields who want a better understanding of income tax, here are the best income tax...
by Admin | Feb 4, 2023 | Income Tax
Tax-saving fixed deposit accounts come in many forms and allow individuals to save money. You are free to choose the term of your fixed deposit, but banks generally have a 5-year fixed deposit system for tax savings. Investing in tax-saving FDs allows you to claim tax...
by Admin | Feb 3, 2023 | Income Tax
Income Tax Act 1961 allows several deductions to help taxpayers better manage their tax liability. Section 36 of Income Tax Act allows individuals to deduct expenses incurred in connection with their business or profession. Taxpayers may claim such tax benefits when...
by Admin | Feb 2, 2023 | Income Tax
Taxation existed since the dawn of early civilization. The word tax is based on the latin word taco which means to estimate. To tax means to impose a financial charge or other levies upon a taxpayer. Tax is a compulsory payment to government by its citizens. This...
by Admin | Feb 1, 2023 | Income Tax
We all want to create a financially secure future where we can cover all our expenses without having a regular source of income. Savings are a given for the success of any financial plan. But paying income tax on your entire taxable income can lower your savings and...