Professional Tax is for all whether they are self-employed, salaried or into trading and not just in professions like of a Doctor or a Chartered Accountant.
After evaluating one’s total taxable income, reducing deductions and the taxes paid, any pending tax liability at the end of the financial year is known as self-assessment tax.
Cashbacks are particularly popular and are generally offered by mobile wallets and credit cards. Let’s understand what these cashbacks are and how they are taxed
As per section 89 the employee can claim tax relief from the amount received through leave encashment process. In order to get tax relief for leave encashment the employee should fill form 10E.
What is Minimum Alternative Tax? Learn about the purpose of MAT, provision of MAT as per Section 115JB, exemptions available, applicability & calculation of MAT credit.
What are Securities transaction tax? Learn all about STT, conditions where securities become liable for STT & how are securities transaction tax levied?
Check everything about Advance Tax Payment online including its due dates, calculation, procedure, applicability, and more. Know what is advance tax and how to pay it online.
Corporate Tax in India - It is the tax imposed on the net income of the company. Learn more about corporate tax working, definition and all updates.
Direct tax in India: Read more about different types of direct taxes, what is direct tax? and tax slab for the assessment year 2021-22.
Learn about the rules and regulations for advance tax payment in India, including how to calculate your tax liability and when payments are due. Stay on top of your tax obligations and avoid penalties with this comprehensive guide.