Calculate your House Rent Allowance (HRA) exemption know HRA exemption Calculation Formula and download HRA Calculator in excel format for easy calculation of exempt HRA Allowance out…
Continue Reading....Tag: Income Tax
Permanent Account Number (PAN)
In this article we have covered Meaning of Permanent Account Number (PAN), Its Utility,Procedure to Obtain PAN, Transaction in Which PAN is Mandatory, How to correct…
Continue Reading....Income Tax Return – Easy to File
“Death and taxes in life are certain, knowing how to pay only your fair share is third.” – Yvette D. Income Tax Return (‘ITR’), an…
Continue Reading....Government may offer a tax holiday to fewer companies
The Ministry of Trade plans to offer tax holiday to encourage companies to bring new investment, that will support the government to boost the COVID-19 pandemic hit economy. The Ministry of…
Continue Reading....CBDT orders not to issue scrutiny notices
After rejecting “ill-conceived” suggestions by a group of Indian Revenue Services (IRS) officers, the Central Board of Direct Taxes (CBDT) directed officials not to keep…
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