Income Tax

Deduction under section 80C of the Income Tax Act 1961, allows taxpayers to reduce their taxable income by making specific […]

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

Pension means a regular payment, made to retired individuals from an investment fund to which an employer has contributed during

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

Introduction As we know there are 5 heads falling under Income tax Act which are Income from salary, income from