Agricultural Income: Tax Treatment and Taxability in India

Agricultural Income: Tax Treatment and Taxability in India

Knowing the tax on agricultural income is essential for farmers and agribusinesses to ensure compliance with tax regulations.

Vanshika

February 10, 2025 at 10:27 AM

TCS in Income Tax: Basic Concepts and List of Goods Covered

TCS in Income Tax: Basic Concepts and List of Goods Covered

Tax Collected at Source (TCS) is a vital mechanism in India’s tax system, under the Income Tax Act.TCS mandates that the seller of certain goods or services collect tax from the buyer at the time of sale, which is subsequently deposited with the government. This ensures an upfront collection of taxes and helps reduce tax […]

Riddhima Singh

February 10, 2025 at 07:51 AM

Income Tax on Intraday Trading: A Comprehensive Guide

Income Tax on Intraday Trading: A Comprehensive Guide

Investors engaged in stock markets should also be aware of the tax on intraday trading to manage their financial obligations efficiently.

Shudhi Malhotra

February 08, 2025 at 07:04 PM

How to Save Tax on Salary Over ₹10 Lakhs in India: Best Deductions & Exemptions

How to Save Tax on Salary Over ₹10 Lakhs in India: Best Deductions & Exemptions

Learn how to save tax on salary in India with smart deductions and exemptions. Explore tips for reducing your taxable income and maximize savings along with information about tax slabs.

#how to save tax on salary#tax savings

Nikita P

February 08, 2025 at 07:00 AM

PF and ESI Calculation on Salary: A Comprehensive Guide

PF and ESI Calculation on Salary: A Comprehensive Guide

Learn about PF and ESI calculation, compliance, and more. Understand the process and requirements for accurate PF and ESI contribution calculations.

#compliance requirements#employee welfare#PF and ESI Calculation#PF and ESI contributions

Sarat

February 08, 2025 at 06:32 AM

Cash Transaction Limit in India: Understanding Section 269ST

Cash Transaction Limit in India: Understanding Section 269ST

Section 269ST of the Income Tax Act imposes restrictions on cash transactions to curb tax evasion and ensure financial transparency.

Ali Sherwani

February 07, 2025 at 10:12 AM

How to Apply for an Income Certificate Online: Procedure and Format

How to Apply for an Income Certificate Online: Procedure and Format

Learn how to apply for an income certificate online in India. Understand the procedure, required documents, and application format for smooth processing.

#income certificate

Nikita P

February 06, 2025 at 06:52 AM

Complete Guide to TDS on Salary | Section 192 Explained

Complete Guide to TDS on Salary | Section 192 Explained

Introduction TDS (Tax Deducted at Source) is a concept that most salaried employees in India encounter, but not everyone fully understands. Have you ever wondered why your salary slips mention “TDS” or why your monthly paycheck seems slightly lighter than expected? Welcome to the world of Section 192 of Companies Act 2013!  TDS plays a […]

#section 192#TDS on Salary

Nikita P

February 03, 2025 at 01:37 PM

80G Exemption Guide: Eligibility, Tax Benefits and Latest Updates

80G Exemption Guide: Eligibility, Tax Benefits and Latest Updates

Learn about the 80G exemption under the Income Tax Act and how donations to eligible charities can reduce your tax liability.

#80G Exemption

Priyanka

February 03, 2025 at 07:59 AM

Interest u/s 234B: Imposed by the Income Tax Department

Interest u/s 234B: Imposed by the Income Tax Department

Know the implications of interest under Section 234B for advance tax defaults and how it affects taxpayers.

#234B of Income tax Act#234C of income tax Act#Interest u/s 234b calculator

Sarat

February 01, 2025 at 03:14 PM