An employer typically calculates their employees’ tax liability and deducts the desired tax amount during the relevant financial year. If the income...
New Delhi: Form 16 is a crucial document provided by employers to their employees, outlining the TDS (Tax Deducted at Source) deductions from...
Life often throws unexpected financial challenges our way, and when you are a salaried employee with a fixed monthly income, these challenges...
If you are a salaried employee, it’s likely that your salary structure has the EPF component. Employee provident fund (EPF) is deducted every...
How to save tax on ESOP: Employee Stock Ownership Plan (ESOP) is generally offered by firms as part of the compensation package...
Advance Tax Payment Rules 2023: Every individual, including salaried employees, is required to pay advance tax if his/her tax liability for the...
How salaried employees can respond to Income Tax Notice: Experts say salary individuals should ensure sending a timely response to any notice...
You can be wrong if you think all salaried employees need to file form ITR 1. Not all salaried employees need to...
The Finance Minister has provided some relief to individual taxpayers by introducing a standard deduction of ₹50,000 and a deduction of up...
The Employee’s Provident Fund (EPF) is a retirement benefit scheme available for salaried employees. It is managed by the Employees’ Provident Fund...