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Income Tax

Understand and Ease the Burden of Tax Compliance with Section 44AD

Section 44AD aims to lessen the tax burden on small assessees or taxpayers. No person covered under the provisions of this section shall be...

Stay Ahead with Advance Tax in India: Eligibility and Features

Advanced tax is a mechanism for collecting income tax in India. In such a structure, taxpayers must pay their income tax liability in advance,...

How to Get the Income Tax Rebate Under Section 87A?

The Income Tax Act of 1961 has a number of provisions that grant tax relief to people and reduce their tax obligations. Section 87A...

A Guide on Forms 15G & 15H to Save TDS on Interest Income

People who have a gross income below the tax-worthy limit are eligible to submit Form 15G and Form 15H to the bank and approach...

Income Tax in India: Basics, Slabs and E-filing Process 2022

Let us understand about Direct Tax and Indirect Tax: Direct Tax - The wealth or income of an individual attracts the Direct Tax. You cannot shift the...

Your Step-by-Step Guide to Filing Income Tax Returns [FY 2022-23]

An income tax return is paid to the government and is reflected in your Form-16. If you are liable for advance tax, at least...

What Are Some Ways to Reduce Income Tax from Salary for Individuals?

An income tax is a tax that is levied on your income by the government. It is essential to pay this tax so that...

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