Section 11 of Income Tax Act: Tax Exemption for Charitable and Religious Trusts
What is Section 11 of the Income Tax Act? Section 11 of the Income Tax Act is a…
Section 10(26) of Income Tax Act: Income Tax Benefits for ST Community
India’s tax laws are designed not only to collect revenue but also to support weaker sections of society.…
What is Section 16(2)(aa) in GST and How to Avail ITC?
Goods and Services Tax (GST) in India has made indirect taxation simple and transparent. One of the biggest…
Section 115BAA – New Tax Regime for Domestic Companies in India
What is Section 115BAA of the Income Tax Act? Section 115BAA is a special provision in the Indian…
Section 80GG: Tax Benefits, Conditions, and Calculation Explained
Paying house rent without receiving HRA (House Rent Allowance) from your employer can still give you tax benefits…
Section 54 of Income Tax: Eligibility, Conditions, and Exemption Rules Explained
When you sell a house in India, you may earn a capital gain. Normally, this gain is taxable.…
UPI Payment Flow
Meaning UPI Payment Flow refers to the complete process of a UPI transaction, from user request to final…
Earnings Per Share (EPS)
Meaning & Definition Earnings Per Share shows how much profit a company earns per share. It is an…
Financial Planning
Meaning & Definition Financial planning is the process of managing income, savings, investments, and expenses to achieve life…
Jan Dhan Yojana
Meaning & Definition Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government scheme started to give every citizen…