income tax salary income

Have you missed the deadline of December 31? Know what are the options now?

The last date for filing Income Tax Return i.e. ITR (Income Tax Returns) for the assessment year 2021-22 was 31 December 2021, which has now passed. If you have not filed your ITR till this date, then there is no need to panic. You can still file your ITR. There is an opportunity to file …

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SALARY INCOME AND TAX IMPLICATIONS FOR AY 2021-22

Salary Income and Tax Implications for FY 2020-21 (AY 2021-22)

What is Salary? “Salary” is a fixed and regular remuneration made by an employer to an employee on a periodic basis. The actual receipt of salary in the previous year is not material as far as its taxability is concerned. The existence of employer-employee relationship is the absolutely essential for taxing a particular receipt under …

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Don’t want to pay Income Tax?

Are you a salaried person? Want to pay less tax? Do you think you can avoid paying any tax? Got tempted by the Title right? Don’t worry. There’s no way you can do so. But you can manage your taxes and reduce liability through proper planning. Start saving & investing in schemes which are allowable …

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