The property buyer will have to deposit one percent of the total price in the Income Tax Department. For this Form-26QB has to be filled. This amount
Finance minister also rooted for a more taxpayer-friendly department by advising the officials for quicker resolution of their grievances and faster d
For tax saving and financial planning to go hand in hand you need to make a blueprint for it
If investments are well-planned, one can enjoy the tax-free income up to Rs 5 lakh.
Income of a self-employed individual can be calculated on presumptive basis under section 44ADA of IT Act.
A senior citizen taxpayer can file a declaration to ensure that TDS is not deducted from their deposit interest income
Employer-provided concessionary loans have tax implications as a perquisite
Form 16 is a certificate in which your employer certifies the amount of salary you earned throughout the year and the amount of TDS deducted
The basic exemption limit of income tax is for an income of 2.5 lakh, which means no tax is cut if you are earning up to Rs 2.5 lakh.
Taxpayers may claim a refund on their income tax if their tax liability is less than the total of their withholding taxes and estimated taxes paid