Tax Evasion
Tax Evasion

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

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 of the Income Tax Act

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
Assessment Year

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

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

Tax-Free Bonds
Tax-Free Bonds

Tax-Free Bonds Tax-free bonds are a safe and reliable investment option in India. They provide regular interest income, which is exempte... read more

NPS Tax Benefit under Section 80CCD (1B)
NPS Tax Benefit under Section 80CCD (1B)

NPS Tax Benefit under Section 80CCD (1B) The National Pension System (NPS) offers a smart way to build your retirement corpus while also ... read more

Income from Other Sources Taxation
Income from Other Sources Taxation

Income from Other Sources Taxation Income from other sources is significant in India’s tax system. It includes money you earn that doe... read more

Save Tax on Income Above 7 Lakh
Save Tax on Income Above 7 Lakh

Save Tax on Income Above 7 Lakh It is great news for individuals to save tax on income above ₹7 lakhs as in the Union Budget 2025, the... read more

Tax Benefits for Married Couples
Tax Benefits for Married Couples

Tax Benefits for Married Couples Getting married brings a sense of responsibility and belongingness to a person's life. This puts you in... read more