May 30, 2024 08:45 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi govt imposes fine on car wash amid severe water crisis | 'We are not in permanent marriage': Arvind Kejriwal on tie-up with Congress, predicts a 300-seat win for INDIA bloc | Pune Porsche accident: Hospital dean alleges political interference by legislator | TMC transferring SC, ST, OBC reservations to Muslims: PM Modi in Bengal | Mani Shankar Aiyar's '1962 Chinese invasion' comment sparks row, Congress distances itself after BJP ire

Planning to Save Taxes? Here’s How Term Plan Can Help

Earning money has never been easy, as it takes not only hard work but also intelligent planning and patience. That is why making money is nothing short of a game. This game is also beset with tax problems that take away a large portion of your hard-earned money.

Different Income Heads Taxable Under the Income Tax Act

There are five different heads on income described under the Income Tax Act 1961, which cover every taxable source of income in India and help consolidate them. At the end of each year, you have to classify your annual earnings under these heads and calculate the amount of tax payable by you.

Here's Why You Should Estimate Your Income Tax Liability for The A.Y. 2018-19

Who wants to pay the taxman? Although the tax money will lead to better social and public-sector facilities, no one wants to pay an additional penny towards the tax. Going by the logic that the government taxes our income to direct funds for infrastructure development of the country, we should ideally pay tax.   Therefore, we discuss in detail the income tax liability of every salaried individual.