by Sujit Bangar | Jan 13, 2021 | Tax
Rebate in income tax is a direct discount from tax. Suppose if your gross tax liability is Rs. 10,000/- and you have claimed a rebate of say, Rs.5000/-, your net tax liability shall be Rs.5000/- only. The income tax law has always favoured tax rebate for small...
by CA Divya Bhanushali | Jun 16, 2020 | Tax
Allotment of ownership stake or shares to the important employees of an organisation has become a significant part of corporate human resources culture in India. This is institutionalised through Employee Stock Options Plan (ESOPs) wherein the company offers shares at...
by Brijmohan Lavaniya | May 27, 2020 | Tax
Tax-Free Bonds in India are issued by Government to collect money for long term projects like Construction projects, Railway projects or any other project which government may think of. Government takes the money & gives interest to investors annually. Government...
by Sujit Bangar | Apr 2, 2020 | Planning, Tax
As businessman pays advance tax as he/she earns income, employer is supposed to deduct tax at source from employees’ salary during the financial year.Last salary of financial year is usually received in the month of March. Before this last salary is transferred by...
