Reimbursements

We all have known that the India‚Äôs major income tax comes from the service sector employees who have been paying those taxes directly to the governments. So, Trutax would like …

Read More

Exemption sec 10 CEA

To improve the literacy rate in the country, the government of India has launched number of tax exemptions that allows citizens of the country to reduce taxes on their incomes. …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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 …

Read More