Leave Travel Concession (LTC) is a type of benefit provided to employees by their employers to travel within the country during their leave period. The objective of this benefit is to encourage employees to take a break from work and explore new places while spending quality time with their family.
Budget 2020 proposal on Tax collected at source (TCS) The tax collected at source (TCS) is the tax payable by a seller which he collects from the purchaser/buyer at the time of sale. Presently, TCS is required to be collected in respect of the business of trading in alcohol, liquor, forest produce, scrap etc. Budget […]