-
TDS on rent for business, professional, individual and HUF under section 194I
Prior to the launch of budget 2017, only specific categories of business and professionals were liable for the TDS on…
-
Change of base year impact on Capital gains
In Budget 2017,Finance Minister Arun Jaitely has proposed to change the base year to calculate the indexation benefit from 1981…
-
How to cancel PAN If you have more than one PAN , Deactivation of PAN
One may have been allotted multiple PAN Numbers. Those who have more than one PAN should immediately apply for surrender…
-
Income Tax Operation Clean Money,How to Check Cash Transactions 2016
In another step towards cleaning black economy, the govt has launched operation clean money campaign. Data mining exercise under Operation…
-
How much should you invest to claim Maximum tax deduction under 80C?
We all want to save income tax legitimately on our hard earned money! But how much do you need to…
-
How to Claim HRA : Rental Agreement and Rental Receipt
House Rent Allowance or HRA is given by the employer to the employee to meet the expenses of rent of the…
-
How much Tax Deductions are available to Salaried Individual Tax Payer
Finance Minister Arun Jaitley while presenting Budget 2015 said an individual tax payer will get a tax benefit of Rs.…
-
Income Tax for FY 2017-18 or AY 2018-19
As per the Budget presented by Finance Minister Arun Jaitley on 1 Feb 2017, the tax rate for those earning…
-
Difference between PAN, TAN and TIN
Every industry has its own jargon, abbreviations. In India, three numbers or abbreviations that are related to financial transactions are PAN,…
-
How National Pension Scheme NPS Saves Tax
With innumerable direct and indirect taxes in the country, common man is certainly looking for ways to save tax. National…
-
Submitting Home Loan Interest Proof to the Employer with PAN of Lender
In India, personal income tax is based on the concept of “pay as you earn” wherein there is a mandatory…
Latest Posts
-
When Partner Wants to Quit Job to Start Business? A Couple’s Money Guide
When a partner wants to quit job to start a…
