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Income Tax

134 posts
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All You Must Know About Income Tax Section 28
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Section 28 of Income Tax Act: Profits and Gains of Business or ProfessionAugust 29, 2025

Section 28 of the Income Tax Act deals with the profits and gains of any business or profession.…

What is Gross Salary? Let’s Understand Its Components & Calculations
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Section 17(1) of Income Tax Act: Meaning and Components of SalaryAugust 29, 2025

Introduction to Section 17(1) of Income Tax Act Section 17(1) of the Income Tax Act provides the legal…

Technical Glitch Prevents Taxpayers from Getting Tax Rebates
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Section 112 Explained: Applicability, Calculation, and ExemptionsAugust 28, 2025

What Is Section 112 of the Income Tax Act? Imagine you’ve held onto something valuable—like land, a building,…

Section 44AE of Income Tax Act
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Section 10AA of Income Tax Act: Income Tax Deductions for Special Economic Zone (SEZ) UnitsAugust 28, 2025

Section 10AA is a special provision in the Income Tax Act of India that provides income tax deductions…

Income Tax for Senior Citizens
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Section 80TTB Deduction: Tax Benefits for Senior Citizens ExplainedAugust 28, 2025

Section 80TTB provides important tax benefits exclusively for senior citizens in India. It allows senior taxpayers to claim…

Income Tax Guide for Freelancers
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Section 115JD of Income Tax Act: Carry Forward and Set-Off of Tax CreditAugust 28, 2025

What Is Section 115JD of the Income Tax Act? Imagine you have two ways to calculate how much…

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Paytm Expands UPI Statement Downloads with Excel Format for Easy Tax Filing and Expense TrackingMarch 10, 2025

We have expanded our UPI statement download feature for Paytm UPI users by adding Excel format alongside the…

How to Calculate Taxable Income on Salary?
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What is Marginal Relief in Income Tax: A Detailed Guide for 2025February 27, 2025

Marginal relief in income tax is a benefit provided to taxpayers when their income slightly exceeds a tax-free…

What percentage of your salary should be invested?
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8th Pay Commission: Salary Increase, Pay Matrix & Key DetailsFebruary 20, 2025

The 8th Pay Commission in India has become a topic of growing interest, especially for government employees looking…

How to Calculate Taxable Income on Salary?
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Difference Between Financial Year and Assessment YearFebruary 12, 2025

When it comes to taxes and finance, terms like “Financial Year” (FY) and “Assessment Year” (AY) are used…

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