You will start getting a pension when retiring from your employer. As far as the taxpayer is concerned, it is important to know about the tax on pension. Pension is a regular payment to the employees after their retirement. Earlier the pension was paid by…
Is it possible to do e-filing ITR online at a free of cost without worries ?. If Yes, how ?. This is a question that almost all the taxpayers ask. Usually, to file the income tax returns, we may personally visit the tax preparers, professionals…
You know why the question of the tax on leave salary encashment arises. Almost all the companies provide certain days of leave with pay to their employees. In India, labour law provided provision in this regard. This leave will provide every year. If the employee…
Before going to learn how to calculate the taxable gratuity, we need to understand the basics of gratuity. It is a retirement benefit given by the employer to employees as a reward or a gift in return for certain years of service of the employee.…
Calculation of Taxable Salary is important for individuals earning a salary from their employer. But still many of them do not know how to calculate the taxable salary for income tax purpose. In this article, we try to explain the basics of the taxable salary…
Ascertainment of income tax of a person depends on his residential status for the Previous Year. This residential status determined by the number of days of the stay of the person in India.
Income Tax Department recently introduced a new mode of application for pan card. It is called e-PAN which help us to get e-PAN instantly.