Tag: Income which are not deductible for tax benefit

Income Tax Deduction Options (Tax Saving Options)

Income Tax deduction Options (Tax Saving Options) The dividend declared by Indian companies is not taxable in the hands of the share holders If your annual taxable income comes under Rs 5 lakh, you will be entitled to a tax…

Income Tax in India

What do you mean by Income Tax? Income Tax is the tax imposed by the Government of India on the body who earns income in India. This tax is levied on the strength of Income tax Act. Income tax is…