Presumptive Tax Scheme for Professionals
If you really have academic and business profits and your taxable income contains such business and professional income,…
Income tax in India is indeed a tax payable in the financial year by individuals or organizations based on their earnings or earnings amount.
How to avoid mistakes when filing Income-tax return
The time has come, now it's your duty as a responsible citizen of India to file the return,…
10 Best Banks Providing high-interest on Fixed Deposits
Section 80C of the IT act, investments up to Rs 1.5 lakh may be claimed for deduction. The…
Advantages And Disadvantages of E-assessment / Faceless tax
The electronic evaluation is also known as e-assessment is the use of technology in different forms of tax…
faceless tax
What is a faceless tax or E-assessment
The prime minister on his video call announced the new 'Transparent Taxation. The release of Faceless Assessment, Faceless…
Wealth Tax
Wealth tax is a direct tax that adapted after the Wealth Tax Act of 1957, which was adopted…
Tax Incentives – Startup India
Startup India is a project of the Indian Government. The initiative was announced in New Delhi by our Prime…
What is Tax Collected at source
Tax Collected at Source or TCS is a direct tax imposed on purchasers of certain products by the…
Why should we move towards a Simpler Tax System?
"The toughest thing to fully grasp is income tax," said Albert Einstein. Why can't even the intelligent brains…
What is an Old or New Tax Regime with its Pros and Cons
The new tax regime (for Assessment Year 2021-22) has proposed lower income-tax rates, for income segments up to…