As India is basically an agrarian economy, several incentives and perks are offered to those making a living through agriculture, known as agricultural income. Farmers are, for example, exempted from paying any tax on … READ FULL STORY
Through the Taxation (Amendment) Ordinance, 2019, the government amended the Income Tax Act, 1961, in various manners. One of these amendments was the addition of Section 115BAA. The government lowered the corporate tax rate … READ FULL STORY
Capital gains tax is the government-determined tax that has to be paid on the profit from the sale of an asset. The responsibility to pay capital gains tax arises on sale of a property … READ FULL STORY
Government levies income taxes on people and corporations in relation to the income or profits that such people and businesses make. Individuals and corporations are required to file an income tax return each year … READ FULL STORY
Citizens of Gurgaon can make almost all payments online. Payment of property tax Gurgaon is also hassle-free, as users can pay their tax liability through various online channels using digital wallets. In this … READ FULL STORY
Property owners can pay their Bhopal property tax easily online on the official portal of the Bhopal Municipal Corporation (BMC), https://www.mpenagarpalika.gov.in/. This article will help home buyers in Bhopal to make hassle-free online property … READ FULL STORY
Haryana to offer 30% rebate on property payments till July 31 May 17, 2023: In a move to encourage citizens to pay their property tax, the Haryana government has increased the rebate on in … READ FULL STORY
If a taxpayer has paid more tax than the amount, he is liable to pay, he can claim an income tax refund from the Income Tax (I-T) Department. However, there may be a possibility … READ FULL STORY
Property owners across India have to pay property tax on the property they own to the municipal corporation in that locality. This tax is collected and used by the corporation for building the city … READ FULL STORY
Raipur, the capital city of Chhattisgarh, is as famous for its steel, coal and aluminium industries as it is for its historical and archaeological relevance. The city is managed by the MCRaipur, which works … READ FULL STORY
Despite being granted 66% property tax rebate to Palava City developed by Lodha Group, located on Kalyan-Shil road, the gated community’s residents are levied 100% property tax by the Kalyan Dombivli Municipal Corporation (KDMC). … READ FULL STORY
What is GST? GST full form is Goods and Services Tax. GST is a tax that customers must pay when they buy goods or services such as food, clothing, electronics, and so on. GST … READ FULL STORY
Entities responsible to deduct TDS or Tax Deducted at Source under the Income Tax (I-T) law must deduct a certain portion of the payment involved and submit it to the I-T Department. The TDS … READ FULL STORY
