In simple language, these allowances are benefits that are given to employees to reduce their taxable income. Tax-saving allowances are a great way to reduce your tax burden while also making the most of your salary.They are usually provided in addition to your salary and can be used to cover expenses that are necessary for your job. What … Read more
Introduction If you are a working professional or a salaried employee in India, chances are that you have heard of House Rent Allowance or HRA. It is a common component of most salary structures and is given to employees to help them meet the expenses of renting a house. In this article, we will explain … Read more
Introduction The Income Tax Slabs in India applied for Financial Year 2022-23 and Assessment Year 2023-24 will remain unchanged according to the latest Union Budget announced by Finance Minister Nirmala Sitharaman. There are two different tax regimes, the ‘New Regime’ where tax benefits cannot be availed and the ‘Old Regime’, under which taxpayers can avail … Read more
Aadhar card se pan card kase link kare : पैन कार्ड को बंद होने से बचाने के लिए 31 मार्च 2023 तक अपने पैन कार्ड को आधार कार्ड से लिंक करना अनिवार्य है | जिसकी आखरी तारीख 31 मार्च 2023 है अब आधार कार्ड से पैन लिंक करने के लिए पेनेल्टी देनी होगी 1000 Rs … Read more
As a salaried employee, it is important to be aware of the various tax-saving options available. The Income Tax Act, of 1961 provides several tax-saving options that can help you reduce your taxable income and increase your salary. As the new financial year begins, it is important for salaried individuals to start planning their tax-saving … Read more
