In the Union budget 2019-20 Mr. Piyush Goyel has announced a tax rebate for income up to Rs. 5 lakhs. This means that the salaried people whose yearly earning up to Rs. 5 lakhs, do not have to pay any tax. With this announcement, the person can save additional Rs. 10000 in the same tax … Read more
As you know July 31st is the last date for filing your income tax. As a taxpayer, it is a very important activity. Make sure your income tax return is error free. Nowadays, the income tax department is equipped with the latest technologies that they can catch you easily if you are trying to act … Read more
In India, calculating income tax is one of the most complex tasks for a layman. There are so many salary components which make the task difficult and cumbersome. Before moving forward and do the actual tax calculation through income tax calculator, let’s first understand the different component for salaried person. Income Tax Slab For the … Read more