ESOPs: How They Work, Benefits, Costs, and Tax Implications ESOPs, or Employee Stock Ownership Plan, is a program that provides a company’s workforce with an ownership interest in the...
Income Tax Exemption on Gratuity Gratuity, a benefit provided by employers to employees, has recently undergone a significant amendment. The maximum tax exemption limit for gratuity has been increased...
Standard Deduction for Salaried Individuals in New & Old Tax Regime Taxation often feels like a complex puzzle, but understanding the basics can make a world of difference, especially...
Income Tax Allowances and Deductions Allowed to Salaried Individuals Salaried employees are the backbone of the country’s taxpayer base, making significant contributions to tax revenue. Income tax deductions offer...
A BRIEF GUIDE ON INCOME TAX FOR NRIs As everyone knows, the basis of the Indian economy is the taxes that are collected from its residents. For individuals who...
UNDERSTANDING INCOME TAX: A BEGINNER’S GUIDE For every person, paying their first income tax is a significant occasion. For a novice, though, the procedure may appear overly complicated and...
