Income Tax Return Filing: Who should file ITR-2 Form? How to file it online?
Income Tax Return Filing: Who should file ITR-2 Form? How to file it online?

Income Tax Return Filing: Who should file the ITR-2 Form? How to file it online? In most countries, Tax is a major source of revenue for ... read more

Tax Rebate under Section 87A as per Union Budget 2024
Tax Rebate under Section 87A as per Union Budget 2024

Leave Encashment Tax Exemption - Section 10(10AA) Leave Encashment Tax Exemption under Section 10(10AA) provides a significant financial... read more

Deductions Under Section 80C Could be Reversed
Deductions Under Section 80C Could be Reversed

Deductions Under Section 80C Could be Reversed The tax deduction limit under section 80C is Rs 1.5 lakh. Section 80C lists down categoric... read more

Hindu Undivided Family (HUF)
Hindu Undivided Family (HUF)

Hindu Undivided Family (HUF) The full form of HUF is Hindu Undivided Family. HUFs are significant for tax purposes, as they are treated a... read more

MIDC Exempted from Income Tax Payment on Land Receipts
MIDC Exempted from Income Tax Payment on Land Receipts

MIDC Exempted from Income Tax Payment on Land Receipts The government of India has passed the Income Tax Act of 1961 which stipulated tha... read more

Budget 2019: Highlights on Taxes
Budget 2019: Highlights on Taxes

Budget 2019: Highlights on Taxes In the live Union Budget of 2019, the finance minister of India Mr Piyush Goyal has made some important ... read more

Reliance Tax Saver Fund: Suffers from high volatility
Reliance Tax Saver Fund: Suffers from high volatility

Reliance Tax Saver Fund: Suffers from high volatility Mutual funds have turned out to be a major preference for investment over the years... read more

TDS Online Payment
TDS Online Payment

TDS Online Payment TDS (Tax Deducted at Source) is a process of subtracting the tax amount while making payments like interest, salary, ... read more

Income Tax Exemptions
Income Tax Exemptions

Income Tax Exemptions Tax on the income earned which is payable to the Government of India at the end of each financial year is known as... read more

Leave Travel Allowance
Leave Travel Allowance

Leave Travel Allowance The Income Tax Act, 1961 offers several tax saving options to the salaried employees apart from different deducti... read more