Know about Health Insurance Tax Benefits under Section 80D
health insurance policies not only prevent us from unforeseeable situations (like COVID-19) and expenses, but also helps in saving taxes by the way of provisions of Income Tax Act.
Income Tax
Know About The NPS Vatsalya Scheme Key Features & Benefits
NPS Vatsalya (National Pension Scheme Vatsalya) was introduced by the Finance Minister Smt. Nirmala Sitharaman during the Union Budget, 2024. Having said this, the NPS Vatsalya Scheme aims at future …
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Comparison of Old & New Tax Regime: All You Need To Know
The comparison of old and new tax regime will help you in understanding the implications on your tax liability. The Union Budget, 2020 introduced a new tax regime with lower …
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New TDS Rates Effective From October 1, You Need To Know
TDS rates changes are made applicable from 1st October 2024. Having said this, these changes were brought through the Union Budget 2024 but are effective from the first day of October.
Income Tax Audit: Small Taxpayers or Presumptive Income
To reduce the burden on small taxpayers, Government of India has provided various schemes wherein the person is not required to maintain his books of account or get their books …
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Difference between TDS and TCS easily explained
TDS & TCS both are direct taxes that are taxed on the income which the person earns. Having stating that, both being the direct taxes often create confusions in the …
TDS Rate Chart FY 2024-2025 | AY 2025-2026: All You Need To Know
The TDS Rate Chart FY 2024-2025 | AY 2025-2026 will not just tell you about the tax rates but will also help you in determining your tax liability. Book TDS …
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Income Tax Slab FY 2024-25 and AY 2025-26 : Important Pointers
Income Tax Slab FY 2024-2025 rates under the Income Tax Act help in calculating the tax liability on the income of the person. Having said this, these slab rates are …
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Taxation on Real Estate: All You Need To Know
The taxation on real estate now has two options. You either pay 20% long term capital tax indexation or 12.5% without taxation. The choice is all yours now! Taxation on …
Union Budget 2024: Everything You Need To Know
Union Budget 2024 was presented by the Hon’ble Finance Minister Smt. Nirmala Sitharaman in Parliament on 23rd July 2024. This year, the Union Budget has placed its focus on the …