Income Tax

Before the Goods and Services Tax came into effect, the Indian taxation system consisted of a number of direct taxes, including wealth tax. However,...

In a democratic country like India, the regularised flow of money for governing the affairs comes from the citizens. The government collects this money...

Sales Tax is an indirect tax that is levied on the selling and purchasing of goods within the country. The tax which is calculated...

Benefits that an employee receives from their job, position and salary are called perquisites. These benefits can be in the form of reimbursements, fuel,...

If you were looking for a detailed explanation of service tax in India, then you have landed on just the right page. This article...

VAT or Value Added Tax is an indirect tax that is levied at every stage of the supply chain. Before we proceed any further...

If you think filing ITR is the be-all-and-end-all of the income tax portal, think again! The income tax e filing portal is only a...

‘Tax refund status’ is one of the terms that we come across in our daily professional life. Let’s understand what it means. A tax...

Since the inception of the online tax portal, the process of online tax payment has become very easy. As a taxpayer, you can now...

The Income Tax Act 1961 is an all-inclusive statute governing the different tax regulations in India. The act ensures that taxes are timely and...

We all share the same thought process when it comes to HRA – Is staying with a family eligible for a house rent allowance...

Evading direct tax is like evading your social responsibilities! Direct tax is a tax you pay to the Indian government directly. Whether you are...