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Claiming HRA (House Rent Allowance) exemption is one of the most common ways for company employees in India to save on taxes. If you are
There are several tax-saving instruments available for company employees in India to reduce their taxable income and lower their tax liability. These include: 1. Public
On Diwali, everyone enjoys giving and receiving presents. People exchange many types of presents, such as cash, sweets, clothes, gold jewellery, gadgets, and so on!
The new GST regulations, which went into effect on July 18, provide that a renter who is registered for the GST must pay Goods and
These days, it is normal to obtain personal loans quickly. Since there are now instant personal loan platforms, this tendency is gaining ground daily. Loans
With the rate on modest savings and deposits decreasing year after year, investors have the option of investing their hard-earned money in the stock market
When a tax payer receives a sum in the nature of salary paid in arrears or in advance, or receives salary for more than twelve
NRI income received outside of India is not taxed in India by default. However, if an NRI’s income in India exceeds the basic exemption ceiling
Completing one’s tax planning exercise at the fag end of the FY comes with its own share of risks. In a hurry to save tax,
National Pension System National Pension System (NPS) is a low cost, tax-efficient and flexible retirement savings scheme launched by the government of India. It is
Equity-linked savings schemes (ELSS) are tax-saving financial instruments and offer tax benefits under section 80C of the Income Tax (IT) Act. Such funds invest a
People are always on the lookout for opportunities to save income tax. No one likes to miss out on options that can save them money
What Is Property Tax? Property Tax, also sometimes known as House Tax, is the tax imposed on real estate owners by the municipal authorities like
What is TDS? TDS is the process of collecting tax as and when income is generated. It streamlines the process of collecting taxes for the
It’s that time of the year again, when our investments come again to the forefront. The investment receipts are all out, our inbox is full
Goods and Services Tax (GST) is considered the biggest reforms in India. However, one thing that has become the talking point is the mechanism of input
All Under GST, the return can be filed both online and offline. Under this new tax reform, there is common e-return for Central Goods &
An Individual / Assessee (also known as a taxpayer) file their Income-tax return, it is processed by the Income-tax Department. If there is any mistake/error/discrepancy
We all know that Income from salary, rental income and business income is taxable. But what about income from sale or purchase of shares? Income/Loss from
House Rent Allowance (HRA) is one of the most commonly received allowances by the salaried class. If you are paying rent for accommodation to a