Direct Tax Code (DTC): Highlights and Impact The New Direct Tax Code (DTC) is said to replace the existing Income Tax Act of 1961 in India. Continue Reading →
How to Save Long Term Capital Gains Tax (LTCG) Buying and Selling of Property, Plots, Flats, Land, Independent Houses, Floors or any other form of residential property is a frequent activity in present scenario. Continue Reading →
File Income Tax Return Online Easy steps on how you can file income tax return yourself online, Also use income tax calculator, download income tax forms, check tax rates, refund status, rebate, deductions Continue Reading →
No need to submit LTA proofs to employer From now on, Employee will not have to submit proofs as evidence, to their employers for getting LTA (leave travel allowance) reimbursement. Continue Reading →
Leave encashment non taxable As per section 10(10AA) of income tax in india, leave encashment amount received by employee by a previous employer in full and final statement, is non-taxable. Continue Reading →