Tag: income tax

Income Tax

Income Tax Income tax is a direct tax levied on Income of taxpayer and governed by Income Tax Act 1961, This act provide sections and rules according to which income is calculated of taxpayers. Act provides which income to be taxable in India...

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Income Tax Update

Income Tax Update 13th May 2020 (Update in context to Covid-19) -Reduction in TDS and TCS Rate TDS Rate has been reduced by 25% for non salaried payment made to resident person. New TDS rate is applicable from 14th May 2020 to 31st March 2021...

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