What is other allowance in Salary and are tax free allowances?

The nine crucial components of your Salary Break-up Cost-to-Company or CTC The Cost-to-Company or CTC is the total amount that a company spends on you, directly or indirectly. It includes …

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Revised Dates For Filing Income Tax and GST Return

Income Tax  The due date for filing Income Tax Return for Financial Year 2018-19 is revised to 30th Jun 2020 from 31st Mar 2020.  The due date for filing Income …

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All The GST Returns And Their Last Dates To Avoid Late Filing

GST Return has got to be filed by every business but there are differing kinds of GST Returns depending upon the nature and total revenue of the corporate. Apart from …

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Importance Of Linking Aadhar Card To Your Income Tax Account To E-File Return

Privacy issues associated with Aadhaar are a matter of intense debate and vehement opposition. But in September 2018, the Supreme Court confirmed that Aadhaar is compulsory for filing of income …

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Startup India Registrations

Startup India is a Government of India project started of by India’s Prime Minister Narendra Modi, to develop the economy of India and attract talented entrepreneurs. He first revealed the …

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Intimations Under Section 143

As per the Government norms, in India, it is mandatory for all individuals who have a specified amount of annual income to file for an Income Tax Return and within …

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Tax Deductions Under Section 80

Taxes are an essential ingredient in the composition of the Indian economy. A major portion of the income incurred by the government is accounted for them. This income is the …

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Intimations Under Section 139

According to the Income Tax Act 1961, Section 139 has been formulated to deal with the late filings of returns. If any individual or any non-person entity fails to file …

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