At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Form 16 or the salary certificate provides details of the salary income of the employee along with the TDS (Tax deducted at Source) and n...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Its time to file IT Returns for the Financial Year 2010-2011. Due date to file IT Returns for Financial Year 2010-2011 is 31st July, 2011...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Whenever a person receives salary in arrears or in advance (which may be called as additional salary) he can claim the relief which is ma...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
HRA is a house rent allowance, given by the employer to the employee to meet the cost of renting a house. It is basically a part of the t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The Committee which has been set up for broad review of National Small Savings Fund (NSSF) submitted its report to the government of Indi...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
We all know that the goal of tax planning is to arrange the financial affairs so that one can save their tax burden but before making pla...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Gratuity is a ‘Salary’ income and any amount you receive as Gratuity is added to your income for that year under the head “Income f...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Gratuity is a ‘Salary’ income and any amount received as Gratuity is added to income for that year under the head “Income from Sala...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Home loan doesn’t just provide you the fund needed for buying your house, it also provide income tax benefits for a longer duration. Th...