Mistakes are common, and being a human, you can make mistakes unknowingly. And we always get a second chance to rectify the errors. But what if you have made mistakes...
The Indian economy moves with the help of tax. The tax collected from the citizen is used to build roads, hospitals, school and to provide other amenities to the general...
Today in this article we will discuss the Income-tax Slabs Rate for Financial Year 2018-19, 2017-18 and 2016-17.Short Brief-- No tax for Individual - less than Rs 2,50,000- 0%-5%- Income...
Income from other sources- All income other than income earned from salary, house property, business, and profession or capital gains, etc. are covered under 'Income from other sources'. Today in...
A sin tax is a kind of sales tax or excise tax imposed on the products that are harmful to society. Basically, it is imposed to discourage consumers from using...
Salaried Individual is an individual or the taxpayer that comes under the head of income from salary according to the Income Tax act. Any Individual or businessman that comes under...
Capital gain tax in India calculates on the short-term capital gain tax and long-term capital gain tax. Today in this article we will explain to you about the calculation of...
Form 15G and 15H are submitted to save the interest income earned to be deducted in the name of TDS. TDS means Tax Deducted at the source. Today, we will...
Section 80C of the Income-tax Act[1] defines the deduction a taxpayer can claim from its total income bringing down its taxable income and thereby reduces its tax. Today, in this...
The date of filing your income tax return is coming closer, and it might be haunting you to file it on time. Being a salaried individual, you need to file...
