Know Standard Deduction

Know Standard Deduction

What is Standard Deduction ? The Income Tax Act provides provisions for imposing taxes on the income of citizens but also offers several ways through which one can claim deductions and …

Read more

Income Tax Rebate

Income Tax Rebate

What is Income Tax Rebate under section 87A ? A rebate under section 87A is considered one of the income tax provisions that help taxpayers reduce their income tax liability. In …

Read more

TDS on Salary

TDS on Salary

Who are eligible for the deduction of TDS ON Salary u/s 192 of the Income Tax Act? Any employer willing to pay salary to an employee (Resident or non-resident) must deduct …

Read more