As per section 192(1) of the Act, any person responsible for paying any income chargeable under the head “Salaries” shall, at the time of payment, deduct income-tax on the amount payable at the average rate of income-tax computed on the basis of the rates in...
You can use the income tax computation sheet to view the summary of income tax(IT) calculation for the current financial year based on the earnings, allowances, perquisites, other income, and more.
Exemption from dividend tax on dividend income that is: - from abroad, - from the profits of companies with pioneer status and reinvestment allowances, or profits of shipping companies that is exempted from tax,; - from cooperatives or closed-end funds, - received by residents from Labuan enti...
Form 26AS also called as Annual Statement, is a consolidated tax statement which has all tax-related information (TDS, TCS, Refund etc) associated with a PAN. It shows how much of your tax has been received by the government and is consolidated from multiple sources like your salary/pension...
Navigate Singapore's personal income tax landscape and IR8A filing with expert guidance. Stay compliant and optimize your tax strategy with Rikvin!
Income Tax - Check latest Income Tax news articles, updates, Tax filing rules, Income Tax Returns and deduction to save tax from your income.
This category of taxes typically includes a person's base income, taxable allowances, perquisites, and even any profit earned from their wage. Furthermore, it also means that a person's retirement pension is taxed using the income tax system. ...
Attend our HR Payroll training course to get practical knowledge of different taxes like TDS,PF,ESI and Income Tax. Get trained by one of the leading faculties in the field of Accounts and Taxation - CA Maninder Singh. Free Demo available, register at 92
This is a request to maintain and process employee’s housing details. Based on these details the system computes exemptions and perquisites applicable on a housing benefit. Income from other sources This is a request that an employee creates to furnish details of the income that he or she incu...
2. Perquisites Perquisites are taxable benefits that can be converted to cash and are given to an employee from his/her employer. Examples of which include: 1) Bill Claims If your employer pays your utility, mobile phone, income tax, road tax or car insurance tax bills for you, then the...