Over 8.75 Lakh HUFs Claimed Rs. 3,803 Crore Tax Deductions in 2022-23
The Finance Ministry stated that during 2022-23, over 8.75 lakh Hindu Undivided Families (HUFs) filed income tax returns…
Leave Travel Allowance (LTA): Eligibility, Tax Exemption, Claim Rules, & More
LTA is a benefit that allows you to explore your travel dreams while enjoying tax benefits. Whether you’re…
How to Claim Tax Deduction on Donations Under Section 80G?
Filing income tax returns (ITR) can be a complex process, but it also presents an opportunity to optimize…
Understanding GST Composition Scheme: Its Features, Eligibility & Tax Rates
The GST Composition Scheme is a simplified tax system for small businesses, providing relief from complex procedures. This…
Understanding Section 194H: TDS on Commission and Brokerage Explained
Section 194H of the Income Tax Act, 1961, is about deducting taxes from commission or brokerage payments. It…
A Little Guide on How to Cut Your Tax Liabilities
Taxation is an integral part of every citizen’s responsibility, as it plays a crucial role in funding public…
GST Registration: A Step-by-Step Guide
GST (Goods and Services Tax) is an important indirect tax levied on the supply of goods and services…
Union Budget For Financial Year 2023-2024
On the 75th anniversary of India’s independence, the Indian economy has received global recognition for its strong performance.…
Key Highlights & Takeaways of Union Budget
Highlights of the Union Budget for FY 2023-2024 Read More: Detailed Union Budget For Financial Year 2023-2024 Highlights…
Union Budget For Financial Year 2022-2023
The Union Budget, also referred to as the annual financial statement or annual budget, is a document presented…