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5 Common Components Of Salary That Are Exempt From Income Tax
When you receive your salary payslip, you may have observed that your salary has a break-up of different components. These components include allowances that help with your day-to-day expenses and also give you the opportunity to save up on your tax ...
How to Deduct TDS on Rent Paid? 30th April Deadline
From 1st of June 2017, all individuals and HUFs (Hindu Undivided Families) who pay a rent of Rs 50,000 or more to a landlord, have to deduct a TDS (tax deducted at source) at the rate of 5 percent. Earlier, only ...
9 Things To Know About HRA and Tax Deduction
The financial year is all set to end and you are likely to begin your tax planning for the next financial year. Many individuals like to know about House Rent Allowance and Tax benefits an individual gets under the same. ...
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