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Section 80G of the Income Tax Act provides the benefit of tax deduction on donations. Find out in this report of Taxing Times..
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Do you know tax has to be paid even before end of the financial year. It is called Advance Tax... Find out all about advance tax in this report....
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Employees have to deposit 12 % of basic salary in PF A/C. Same amount is deposited by the employer. But, if you want, you can contribute more in PF
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Even if you have not filed return earlier, you can still file a new return through Updated Return... Find out more on UPDATED RETURN on this report
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Except marriage, gifts received on any other occasion like birthdays, anniversaries are taxed
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Tax and investment expert Balwant Jain says people can keep maximum of two properties for own use. There will be no levying of taxes on two houses
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We will answer all your queries on Income Tax notices in this special report of Money9
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After July 31, i.e. with filing late returns, you will not only have to pay late fees, but there are many other disadvantages as well.
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In this special report of Money9, we will talk about allowances on which you can get tax exemptions....
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Senior citizens get many tax benefits as compared to ordinary taxpayers. In this video of Money9, know about the tax concessions available for elderly