Everyone wants to save more, and create a financially stable future that covers every expense even without a regular source of income.
According to the Indian Stamp Act, 1899, the Central Government levies stamp duty on the exchange of instruments, where an instrument is defined as any document by which any right or liability is created, or is purported to be created, transferred, limited, extended, extinguished or recorded.
One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in the e-filing website. Form 26AS is not only an important document but also one of the most authentic records of how much tax has been deposited by your deductor into the government account.
Minimum support price (MSP) for agricultural produce. Fresh talks have begun over the governments move of hiking the MSP to 50% over production cost and whether it will benefit farmers. Let us look at whether the move makes sense given that it has always been one of the major demands in all of the farmer movements in the country.
Understand the concept of Angel Tax, its impact on startup funding, and how it influences investments from angel investors. Learn more with India Infoline.
The Indian law requires everyone who earns to pay income tax. The more you earn, the higher the tax. However, in the long term, paying higher taxes is attributed to lesser savings.
You may have rummaged Google in an attempt to find the right answer, all for nought. The amount of income tax to be paid depends solely on how much you earn and your total taxable income.
The essential goal of earning money is eventually to let your money make more money! While there are numerous ways of multiplying one’s wealth, the traditional method that everyone turns to is the Stock Market! The equal-risk equal-gain opportunity stock trading markets offer, reels in investors from all corners.
Taxes in India consume a considerable portion of your earnings. Without proper tax planning, this compulsory contribution can eat a large bite of your hard-earned money.
Income Tax refers to the amount you pay directly to the government which is a percentage of the total income you earn in a financial year.
The revenue stream to the Indian government that helps maintain various aspects of the country is through the taxes paid by the citizens.
The tax structure in India is a three-tier which includes the Central Government, State Governments and Local Authorities.
Savings play a crucial role in creating a financial cushion in your life. In the absence of a regular income or uncertainty, it provides the necessary means to live comfortably.
Many people are amateurs in the whole gamut of calculating income tax, paying taxes, filing returns, tax saving, etc.
In India, Income Tax remains a puzzling ordeal to regular citizens who earn and are liable to pay taxes.
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