The Union Budget this year had offered an individual the choice of paying tax under the new tax structure with lower rates but foregoing deductions or continue paying tax under…
Income tax deduction list. SectionDescriptionMaximum Limit(in Rs) Commonly used 10(13A)House Rent AllowanceAs per calculations10(5)Leave Travel Concession or Assistance (LTC/LTA), extended by an employer to an employee for going anywhere in…
BASICS Permanent Account Number or PAN Card is a nationalized identity card. Without a PAN, you will not be able to carry out any financial transaction. It is Income Tax…
