Cost Inflation Index (CII) : Relevance and Table Upto FY 2024-25
Index launched by CBDT every year considering the inflation in the country. The Cost Inflation Index (CII) is used to […]
Gratuity Calculation Formula : Step by Step Guide with Example
Gratuity is a statutory benefit paid to the employees as a token of appreciation for their service to the organization.
80C Deduction: Benefits and Limitations Available For FY 23-24
Deduction under section 80C of the Income Tax Act 1961, allows taxpayers to reduce their taxable income by making specific
80TTA Deduction: How To Save Tax on Interest Income FY 23-24
The Income Tax Act 1961 provides taxpayers with various Chapter VIA Deductions. These amounts are deducted from the gross total
Pension: Income Tax Return For Pensioners For FY 2023-24
Pension means a regular payment, made to retired individuals from an investment fund to which an employer has contributed during
Golden Rules of Accounting: The 3 Main Rules With Example
Golden Rules of Accounting provide a framework for accurately recording financial transactions in accounting books, ensuring consistency and clarity in
GST Full Form: Meaning and Bifurcation of GST Rates in India
The full form of GST is Goods and Services Tax. which is a comprehensive indirect tax levied on the supply