Section 80TTB Deduction for Senior Citizens
Section 80TTB Deduction for Senior Citizens Section 80TTB is a tax benefit introduced to reduce the financial pressure on senior citizens. Since many elderly individuals rely heavily on interest earnings…
GST on UPI Payments: Applicability, Charges and Exemptions
GST on UPI Payments: Applicability, Charges and Exemptions Unified Payments Interface (UPI) has become one of the most preferred digital payment options for both everyday users and small businesses. Its…
What is e-Invoicing Under GST? Applicability, Limit, Rules & Implementation Date
e-Invoicing under GST refers to the electronic authentication of invoices. Similar to how GST-registered businesses generate e-way bills for the movement of goods, certain registered taxpayers are required to create…
How to Save Tax on a Salary Above ₹12 Lakhs?
India follows a progressive tax system, where tax rates rise as income increases. By understanding the available tax-saving options, you can lower your overall tax outflow. Various deductions and exemptions…
Difference Between Assessment Year (AY) and Financial Year (FY)
Financial Year (FY) and Assessment Year (AY) are commonly used terms in Income Tax, yet many taxpayers mix them up. The AY always follows the FY and is the period…
Section 194Q of the Income Tax Act: TDS on Purchase of Goods, TDS Rate, Example, and Turnover Limit
Section 194Q of the Income-tax Act, 1961 covers the deduction of Tax Deducted at Source (TDS) on the purchase of goods. Under this provision, the buyer must deduct TDS at…
Form 60: Who Needs It, How to Fill It, and How to Download It Online
Form 60 is a declaration submitted by an individual (other than a company or firm) or a foreign company that does not possess a PAN but is involved in any…
RTGS Full Form, Meaning, Features, Benefits and How RTGS Works
RTGS Full Form, Meaning, Features, Benefits and How RTGS Works RTGS stands for Real-Time Gross Settlement. It is a payment system used by banks to transfer funds instantly, where each…
Section 195 of Income Tax Act – TDS Applicability for NRIs
Section 195 of the Income Tax Act, 1961 governs the deduction of Tax Deducted at Source (TDS) on payments made to Non-Resident Indians (NRIs) or foreign companies. Whenever an Indian…
Dearness Allowance (DA) – Meaning, Types, Calculation & Taxation
Dearness Allowance (DA) is a salary component given to employees working in public sector organisations to help them manage the impact of inflation and increasing living expenses. It is calculated…
- Go to the previous page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- …
- 25
- Go to the next page