In this article, we will delve into the intricacies of income tax calculation for senior citizens. We will explore the tax-free amount for senior citizens, the tax slabs applicable in 2023, and provide useful tips on how senior citizens can reduce their income tax burden.
The scope of reopening assessments under the Income Tax Act, 1961 (IT Act) remains unclear, despite several reformative changes introduced by the Parliament through the Finance Act, 2021.
In this comprehensive guide, we will explore various techniques and tax-saving avenues that can help individuals optimize their tax liabilities and enhance their financial well-being.
AAR held that if burden of GST have not been passed on to employees, The applicant is eligible for proportionate ITC on permanent employee, on food supplied by canteen service to employees only and not contractual workers.
Article delve into the details of Section 80EE, its eligibility criteria, and how to claim the deduction while optimizing your income tax return.
In this article, we will explore the impact of GST on real estate, its implications for home buyers, and the taxation aspects related to land purchase and property transactions.
In this article, we will explore the concept of RCM in GST, its applicability, different types of RCM, the limit of RCM under GST, the step-by-step process, major components, and the entities that come under RCM.
In this article, we will explore the GST HSN codes for plastic products, understand the GST rates applicable to plastic items, and provide specific insights into HSN codes for various plastic products.
Article explains different GST slabs in India, items categorized under each GST slab, GST percentage rates, types of GST, and GST calculation
Article explore the various aspects of GST on food items and restaurants, addressing common questions and clarifying applicable rates.
