TDS on purchase of immovable property
TDS on purchase of immovable property IF your are planning to buy a immovable properties, you should be ready to deduct tax at source (TDS) @1% subject to cer... Read more.
Budget 2013 highlights for Individuals
Budget 2013 highlights for Individuals: Income Tax Exemption Limit : Basic limit of exemption (general category) increased to Rs. 2.2 Lakhs from Rs. 2 Lakhs –... Read more.
What is Annual Value of House Property
What is Annual Value of House Property : For calculating Income from house property, first step would be to derive Annual Value. It is always a difficult task t... Read more.
Difference between Limited Liability Partnership and Partnership Firm
Difference between Limited Liability Partnership and Partnership Firm : Sr. No. Particulars Limited Liability Partnership Partnership Firm 1 Liability Partners... Read more.
Depreciation chart as per Income Tax Act for FY 2012-13
Depreciation chart as per Income Tax Act for FY 2012-13 and AY 2013-14 Assets are bifurcated in five classes as under for the purpose of Depreciation as per In... Read more.
Exemption of Leave Encashment
Employees are eligible for various leave while in service .Employee usually take some leave during the year as per company policy and balance leave will remain ... Read more.
How to take benefit of credit card balance transfer
Credit Card is such a tempting facility provided by bank that generally person use it without considering repaying capacity or sometime there could be genuine s... Read more.
House Rent Allownace – HRA Calculator
House Rent Allownace - HRA Calculator is very easy to use excel calculator. One can calculate House Rent Allowance exemption either annually or sum of Monthly ... Read more.
How to Calculate House Rent Allowance – HRA
House Rent Allowance (HRA) is provided by employer to employee as a part of consolidated Salary or you can say Cost to Company (CTC) to meet rent of accommodati... Read more.
Income Tax rates for FY 2012-13
Income Tax rates for FY 2012-13 (Financial Year 2012-13)and AY (Assessment Year)2013-14 as per Budget 2012.... Read more.