Form 16/16A is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees. These certificates provide details of TDS / TCS for various transactions between the deductor and deductee. ...
Salaried folk should make it a point to save money from their salary at regular intervals and at an early age, so as to benefit from the law of compounding. Starting early always helps to meet life's goals, so make sure ...
The field officers of the retirement fund body has been asked to credit 8.55% interest rate into the accounts of as many as 5 crore subscribers for the Fy 2017-18. The finance ministry has given its go-ahead and thereafter labour ministry ...
Apart from the moderate tax structure and no change in dividend tax, the pre-budget survey highly expects the replacement of multiple outdated deductions with standard deduction to increase the take home pay for the salaried class and reduce their tax burden. ...
The salaried class individuals are required to file Income Tax Return by July 31 for their income realized in the previous financial year. Accordingly, employers who deduct TDS (tax deducted at source) on salary income are required to provide Form 16 ...
