Recent Blogs
Double Income No Kids (DINK) Couples
Tax Profile Series # 2
Tax Saved Rs 46,904
Ravi aged 39 years and Jayashree aged 35 years are a “DINK” couple residing at Koramangala in...
PF Scheme – It’s Features & Benefits
As an employee who is working in a corporate set-up there are several things that one would like to know about the Employee Provident...
Young Professional – Single
Tax Profile Series #1
Karishma, hails from Bokaro, aged 27 years, works in an MNC as a Senior Software Engineer at Mumbai. Her annual Cost...
COVID-19 Lockdown – Financial Relief to Small Business 3 Months PF...
With the creeping presence of the Carona virus into Indian shores from January and the slow but increasing trend of infections, the Government finally...
ESI Contribution reduces by 40%
The Employees' State Insurance Act 1948 (the ESI Act) provides for medical, cash, maternity, disability and dependent benefits to workers whose monthly wages are...
Salaried Tax Payers – More disclosures Expected – ITR 1
The last 5 years have seen an almost doubling of the Income Taxpayers in the country. From about 34 million to 67 million taxpayers...
Salaries Budget Impact
Following are the Budget changes during 2013-14, which would impact the Income-tax computations under Salary income.
1.No change in Income tax slab – Tax credit for income up to Rs.5 Lakhs
Even though there is no change in the Income-tax Slab, there has been a tax credit of Rs.2,000/-...
