Income from House Property and Taxes Owning a house not only provides shelter but also can generate income in the form of rent. Understanding the taxation aspects of such...
Clubbing of Income Under the Income Tax Act In India, it’s common to hear suggestions like, “Take payments in your spouse’s name to save tax.” This is because India...
Income Tax on Lottery, Game Show, and Online Game Winnings in India Winning a lottery or a game show can be a thrilling experience, but it’s essential to understand...
Tax on Gifts received Gift-giving is an integral part of Indian culture, often reflecting deep-rooted traditions and social customs. While most gifts are of nominal value, some, such as...
National Pension Scheme The National Pension Scheme (NPS) is a voluntary, long-term investment plan designed to provide retirement benefits. It is regulated by the Pension Fund Regulatory and Development...
Tax on EPF Withdrawal India’s Employee Provident Funds (EPFs) play a crucial role in financial planning for retirees, especially for salaried individuals. Tax benefits can be obtained under certain...
How to Calculate Gross Salary or CTC You would have heard terms like gross salary, net salary, and CTC. These terms might be confusing, especially if you’re in the...
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...
Employee’s State Insurance Corporation Welcome to our comprehensive blog dedicated to the Employee’s State Insurance Corporation (ESIC). Established in 1952 under the provisions of the Employees’ State Insurance Act,...
