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Taxes

Taxes

Income Tax Slab For Senior Citizens

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The Indian income tax system is progressive, which means that tax rates increase as incomes increase. There are different tax brackets for different income...
Taxes

Direct Tax and Indirect Tax

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There are two main types of taxes - direct and indirect. Direct taxes are taxes that are levied on individuals or organizations by the...
Insurance

Medical Insurance Tax Benefit

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Most people are unaware that there is a medical insurance tax benefit. The government offers this to help offset the cost of medical insurance....
Taxes

Section 192 of Income Tax Act

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Section 192 of Income Tax Act is a provision that allows for the deduction of certain expenses incurred by an individual in the course...
Taxes

Section 54 of the Income Tax Act

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The seller of a residential real estate is exempt from capital gains tax under Section 54 of the Income Tax Act. The clause permits...
Taxes

How to File Income Tax Return?

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E-filing refers to the procedure of submitting Income Tax Returns (ITR) via online mode. The procedure of e-filing an ITR is simple and may...
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