Advance tax is the amount of income tax that is paid much in advance rather than a lump-sum payment at the year-end. Also known as earn tax, advance tax is to be paid in installmen
Whether salaried individual or business owner, every person who is liable to pay income tax definitely tries to minimize the tax liability, at least for once. Even though it is une
Coming close to the end of the Financial year all of you might be thinking about How to save our Income Tax?Deductions allowed under the income tax act help you reduce your taxable
Any person earning Income has to pay tax. So why are we waiting for the last-minute rush, tax planning and investing to save taxes should not be left for the last minute. Better to
What is tax planning? Tax planning is the analysis of an individual’s financial situation from a tax efficiency point of view so as to plan an individual’s finances in the
‘Tax’ a word that brings stress to the taxpayers. It is a compulsory contribution, imposed by the state government on the working crowd. They are taxed according to the income
The Income Tax Department of India has announced the last dates to file Income Tax Return (ITR) for financial year 2019-2020. After several extensions, the date for individuals, Hi
I’m sure that, more than half of the nation, wishes that, they didn’t have to pay tax. Life would be a lot easier if we didn’t have to pay. Sadly that’s not
Just started making money. First Job, first-month salary. How do you feel when tax is deducted from your salary? obviously, the feeling is not good. The best you can do is to start
Saving tax is always at the forefront of every taxpayer’s mind. That is why individuals look at legal avenues to lower their tax liability. Thanks to the Income Tax Act provision