Tuesday, October 16, 2018

Allowances available to Tax Payers

1.b Allowances available to different categories of Tax Payers S. No. Section Particulars Limit of exemption Exemption available to A. Under the head Salaries 1. 10(7) Any allowance or perquisite paid or allowed by Government to its employees posted outside...


Why should a person pay Tax ?

'Why should I pay tax?'  The citizens of India are required to pay Income tax as well as other taxes as per law.   1.  Some...