Author name: Priya Mulukutla

Dearness Allowance is the additional payment the Government and Public Sector Entities make to their Employees and Pensioners. The intent […]

ITR 2 is a return to be file by individuals or HUFs without any income from business or profession. The

ITR 1 also known as the SAHAJ form applies to those taxpayers that do not have total income exceeding ₹

TDS on Contractor is a tax mechanism where the payer deducts a certain percentage as tax when making payments to

Section 80GG deduction is available under Chapter VI-A which provides tax relief to individuals who incur expenses on rent for

Gratuity is a statutory benefit paid to the employees as a token of appreciation for their service to the organization.

The Income Tax Act 1961 provides taxpayers with various Chapter VIA Deductions. These amounts are deducted from the gross total

Introduction A Standard Deduction for salaried individuals was re-introduced for the year 2018-19 and onwards. The standard deduction for salary

Introduction Dividend is an income we get from the capital investment from shares or mutual funds. From the company’s point

Introduction Income tax slabs are structured ranges of income to determine the tax rate applicable to different income levels. In