Section 80CCC, Income Tax Act, 1961 allows taxpayers to claim deductions in tax for making contributions towards pension funds.
As per section 80TTB, any senior citizen as a resident individual in India can claim a deduction of up to Rs 50,000 from the interest income earned during the concerned financial year.
The option of the presumptive scheme has always been an interesting as well as a confusing issue among the taxpayers. Here is description about Presumptive Income.
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
The India Post provides such an investment facility wherein the customers can deposit some amount of money as savings from their income as a 5 – Year Recurring Deposit scheme
Read our guide and get detailed information on post office monthly income scheme including key features, interest rate, documents required and withdrawal process!
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.
Guide to link Aadhaar card with a mobile number online & offline mode via SMS if you are linking Aadhaar with your mobile for the first time.
Advantages of linking a ration card with Aadhaar. List of documents required. How to link Aadhaar with the Ration card online & offline through SMS.
Steps to activate your SIP through ICICI Netbanking, prerequisites for setting up i-SIP, benefits of adding I-SIP URN number in your ICICI bank account.
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