complete tax solutions
Income Tax Management
Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman
complete tax solutions
Income Tax Management
Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman
1. Individual and HUF Applicants who are Citizens of India and Located Within and Outside India at the...
A Post Office Savings Account is one of the most popular and accessible savings accounts in India.
The...
Death-cum-Retirement Gratuity is an important financial benefit provided to employees in India. It is...
Understanding of Section 80P
Section 80P of the Income Tax Act, 1961 provides a deduction in respect...
Unit Linked Insurance Plans (ULIPs) are a unique financial product that offers the dual benefits of life...
1. Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
Introduction
Agricultural land is a significant asset in India, providing employment to many people and...
When it comes to investing in mutual funds, it is important to understand the various tax implications....
A Notified Institution refers to any entity or body corporate established by the Central Government or...
Interest incomes which are exempt under section 10(15) could be explained with the help of the following...
Section 80JJAA of the Indian Income Tax Act, 1961 provides a valuable deduction for employers who create...
SCSS is a savings product available for senior citizens aged 60 or above. On the date of opening an SCSS...
National Pension System (NPS) is a retirement benefit Scheme introduced by the Government of India to...
1. Gratuity
Gratuity is a payment made by the employer to an employee in appreciation of the past services...
Understanding of Section 80D
Section 80D of the Income Tax Act provides individuals with a deduction...
Special Provisions for computing Business income in certain cases on the basis of Estimated Income Method...
1. What is PAN?
PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number...
1. Documents Required to Apply for NRI PAN Card
As a Non-Resident Indian (NRI), obtaining a Permanent...
Agricultural income and its tax treatment in India fall under Section 10(1) of the Income Tax Act, 1961....
Section 10(19) of the Income Tax Act provides an exemption for the family pension received by the family...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section...
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
1. What is equalization levy (EL)?
This is a tax leviable on consideration received or receivable by...
The Finance (No. 2) Bill, 2024, has introduced several significant amendments to the capital gains tax...
Understanding the intricacies of advance tax and self-assessment tax is crucial for both compliance and...
Section 234C of the Income Tax Act, 1961, pertains to the levy of interest for deferment of advance tax....
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
Tax Audit Forms
The Incomes prescribed two types of forms for tax audit:
Audit Report:
The audit report...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New...
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)-Press Release by PIB
Ministry of Finance
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)
It...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi,...
Ministry of Finance
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Ministry of Finance
GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE
STANDARD REDUCTION INCREASED FROM...
Ministry of Finance
CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED
SHORT TERM GAINS TO ATTRACT A...
Ministry of Finance
HIGHLIGHTS OF THE UNION BUDGET 2024-25
Posted On: 23 JUL 2024 1:17PM by PIB Delhi
The...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New...