Types of GST in India: CGST, SGST and IGST
In the world of taxation, the Goods and Services Tax (GST) is considered a significant tax reform that…
What is Section 80D? Eligibility, Deduction & Calculation
Section 80D is part of a provision made under the Income Tax Act 1961. The section allows people…
Section 139(4) of the Income Tax Act: Everything You Need to Know
Section 139 (4) of the Income Tax Act deals with filing belated returns if one doesn’t file their…
Income Tax Refund: Check Status & Procedure
Defining Income Tax Refund An Income Tax Refund (or IT Refund) is the liability arising in an event…
What is Section 10 of Income Tax Act?
Tax laws can be confusing, but there’s one provision you should know – Section 10 of the Income…
TDS on Salary: How to Calculate Deductions & Exemptions
As a salaried individual, you are obliged to pay taxes to the government; TDS is one of the…
Income Tax Benefits on Home Loans: A Detailed Guide
A home loan is a loan taken out to finance the purchase of a property, typically a house…
The Only Guide You Need to Understand TDS
TDS, or Tax Deducted at Source, is a system that deducts taxes directly from different sources of income.…
Dearness allowance (DA) – Definition, Types & DA Calculation
Dearness Allowance (DA) is an allowance given to employees by the government or private sector employers to compensate…
Income Tax Slab Alterations for FY 2025–26: All You Need to Know
With the new financial year underway, it’s essential for taxpayers to understand the income tax slab changes for…