Income Tax Articles, Tips, Information, Review & Benefits

Tax Liabilities Tax liabilities are the total amount of taxes that an individual, business, or entity is legally required to pay to the ... read more

Standard Deduction The standard deduction is a fixed tax benefit that salaried individuals and pensioners can claim to reduce their taxa... read more

BBMP Property Tax The BBMP (Bruhat Bengaluru Mahanagara Palike) property tax is an important levy imposed on property owners within Beng... read more

Inheritance Tax Inheritance tax, also known as estate duty, is a tax levied when property or wealth is transferred from a deceased perso... read more

Conveyance Allowance Conveyance Allowance is a type of allowance provided by employers to cover transportation expenses incurred by empl... read more

Tax Evasion Tax evasion in India is a serious issue addressed in Chapter XXII of the Income Tax Act of 1961. Individuals caught evading ... read more

Professional Tax Professional Tax is a tax that state governments charge on people who earn money through jobs, trades, or professions. ... read more

Section 194N of the Income Tax Act Section 194N deals with Tax Deduction at Source (TDS) on cash withdrawals. It aims to discourage larg... read more

Assessment Year The Assessment Year (AY) is a crucial concept in taxation, representing the period during which the income earned in the... read more

Form 12B Form 12B, as outlined in Rule 26A of the Income Tax Act, is designed for employees who join a new organization mid-year. This i... read more