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By: on April 19, 2021
क्या आपको पता है की हम एक टॉफी खरीदें तो भी उसके लिए टैक्स चुकाते है। टैक्स हम सभी किसी न किसी रूप में सरकार को देते है। लेकिन क्या आपको पता है टैक्स क्या है(Income Tax kya hai), टैक्स किससे और क्यों लिया जात...
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By: on February 25, 2021
What Is Income Tax? Income Tax is a form of Direct Tax which is to be paid by an individual or a company or any person who is earning an income. The rate of income tax varies from person to person depending upon their level of earning and which tax bracket they fall under. Tax slabs change on an annual basis, as of February 2020 individuals earning an annual income of less than Rs.2,50,000 are exempted. Are There Different Types of Income Classifications? Income can be bifurcated in the foll...
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By: on September 21, 2020
Income Tax is a sort of expense that legislatures force on pay created by organizations, and people inside their locale. By law, citizens must document a personal expense form yearly to decide their assessment commitments. Income Taxes are a wellspring of income for governments. They are utilized to support public administrations, pay government commitments, and give merchandise to residents. How Income Tax Functions? ...
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By: on August 26, 2020
Former Congress Minister of Finance P Chidambaram, as part of one of his 'noble' schemes, had aspired to ensure 'minimum human intervention' in tax assessment and execution. In a way, he wanted a faceless tax administration system. He couldn't execute it though he efficiently played the system to maximize his political fortunes. Working on this 'noble' scheme, the NDA government has purportedly come about with a scheme branded as "honoring the honest taxpayer." Time will tell whether the ...
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By: on August 13, 2020
Prime Minister Narendra Modi , on 13 August 2020 at 11 a.m., launched the platform for ‘Transparent Taxation- Honoring The Honest’ via video conferencing. He underlined that the new reform will instill a sense of fearlessness among honest taxpayers who play an important role in national development. The launch aims at initiating major tax reforms that would bring transparency in tax systems and empowering taxpayers. The Income Tax Department carried out several major tax reforms in r...
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By: on July 5, 2019
E-Filing Income Tax - E-filing is the process by which you can file your income tax returns online. You can conveniently file your ITR from your own comfort zone, be it your home or your office. The best part - it is completely free and you can do it yourself https://www.avivaindia.com/insurance-guide/everything-you-need-know-about-income-tax-e-filing
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