Archives for Taxation - Page 2
Income tax slabs for financial year 2017-18
Through this blog, we shall share the Income tax slabs for Financial year 2017-18 year 2018-19. As per Union Budget 2017 the Income Tax slab rate for financial year 2017-18 has been…
Section 80E : Tax Deduction for Interest on Education Loan !
Through this blog we shall be highlighting a very important deduction : Tax deduction Under Section 80E of The Income Tax Act related to Interest on Education loan. Education is…
Leave Travel Allowance : Know Rules,Tax exemption of LTA !
If you are a salaried individual you might have heard of Leave Travel Allowance or LTA. This is sometimes also referred as Leave Travel Concession or LTC. LTA or LTC…
What is TDS ? TDS Rate Chart for Financial Year 2016-17
Through this blog we shall make you know What is TDS ? You can also checkout the TDS rate chart and other necessary provisions related to TDS. What is TDS…
How different is Service tax from VAT ?
One of the primary sources of government revenue is "tax" that helps in smooth functioning of a country’s economy. Tax is imposed on physical as well as non-physical items and this…
What is Form 15G & Form 15H ? When to submit and avoid TDS !
Form 15G and Form 15H can help you save extra deduction of tax from your income. Do you know when and how this is applicable ? Keep reading further,for complete…
House Rent Allowance or HRA : Rules,Calculation & Exemption!
Through this blog we shall give a detailed analysis on House Rent Allowance or HRA, rules related to HRA and HRA Exemption. If you are a salaried employee, you might be…
NRI Tax and ITR : Which Income of NRI is taxable in India and How ?
Are you looking for exclusive details on Non resident Indians or NRIs, Tax on NRIs, Which income of NRIs is taxable and related queries. You have landed at the perfect…
What is Capital Gains Tax & Why it is a Headache ? -The Layman’s Guide
The Income Tax Act is one such law in India that has utilised all means and all ways to tax your income. One such provision in this act is the…
12 Tax free Income in India: You must know!
We all love hearing the word "Tax free"? Right! So,we thought of sharing a list of few Tax free Incomes in India to help you lower your tax burden to some…