Section 80TTB of Income Tax for Senior Citizens

Section 80TTB for Senior Citizens

Section 80TTB-Rs.50,000 deduction for Senior Citizens The Union Budget 2018 has introduced section 80TTB of Income Tax to provide for great relief in the form of a deduction from income for the Senior Citizens of India. Since the time has come to file an income tax return for the F.Y 2018-19 and A.Y 2019-20, I … Read more

Double Taxation Relief-Section 90 of Income Tax

Double Taxation Relief

Double Taxation Relief-Section 90 of Income Tax Act- What you need to know? Section 90 of Income Tax Act 1961 contains provisions relating to Double Taxation Relief to provide for tax relief from taxing an income twice. More and more numbers of Indians are going abroad to earn their bread and butter. As a result, … Read more

Applicability of TDS/TCS provisions under GST w.e.f 01.10.2018

Applicability of TDS/TCS provisions under GST w.e.f 01.10.2018. New TDS rules for payment to the supplier of Goods and Services w.e.f 1st October 2018.

Long Term Capital Gain Tax. All you need to know about LTCG

Long Term Capital Gain Tax. Learn how you can avoid paying LTCG Tax. There are two types of long term capital gain tax in India. Know all about LTCG tax here.