What is the Income Tax in India ?
The Indian income tax system follows a progressive tax structure. This means that the tax rate increases as your taxable income …
The Indian income tax system follows a progressive tax structure. This means that the tax rate increases as your taxable income …
Understanding Section 43B(H) of the Income Tax Act, 1961: A Detailed Explanation with Examples Section 43B(H) is a recent addition to …
Introduction: One of the essential components of an employee’s salary package is the House Rent Allowance (HRA). The HRA is designed …
Section 43B of the Income Tax Act in many countries, including India, pertains to deductions allowable only on actual payments. It …