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Income tax laws are professed to have a complex structure in India as there are number of claims, deductions, disallowance and exemptions made under the la...
The Income Tax Appellate Tribunal (ITAT) is a quasi judicial authority where an affected party by the orders of the income tax authorities can appeal. An a...
Every individual would have to file tax returns. If the individual has to file tax returns then there would be a deadline for filing the respective tax ret...
The year 2020 has been beneficial for taxpayers as well as companies. The finance and income tax ministry has come up with many amendments which ease the b...
Finance plays a significant role in every business. In many circumstances, the own finances of an individual are not sufficient to fulfill the requirements...
A taxpayer must pay the taxes timely and also filing of the income tax returns assures that the Government has the money for public welfare and public bene...
Section 80TTA of the Income Tax Act provides the privilege to claim deductions on savings accounts deposits that are held in a bank, post office, or co-ope...
The Income Tax Act, 1961 allows deductions from the total gross income, before charging the tax, in case medical expenditure has been made on the treatment...
Under the insurance sector, the insurance agent can be considered a profession that provides n...
A corporate agent represents an insurance company. These agents work directly for the company t...
The Social Stock Exchange in India is an initiative by the finance minister in the Financial Ye...
On June 08, 2023, the Reserve Bank of India issued guidelines on default loss guarantee on thei...
The gaming industry in India has made a remarkable transformation in iGaming in the year 2023;...
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