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Articles by M Venkat

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Union Budget 2021 | Know your Budget

  M Venkat    31 January 2021 at 20:06

The Union Budget is an annual financial statement which encapsulates the estimated earnings from revenues and estimated expenditures of the government during a particular fiscal year.

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Posted in Union Budget |   2118 Views

How to Calculate the Taxable Income on Salary?

  M Venkat    22 January 2021 at 15:06

Discussing Section 15 and 17(1) of the Income Tax Act which lays down provisions for calculation of taxable income on salary in the new and old tax regime.

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Posted in Income Tax  6 comments |   9615 Views

How to Calculate Gratuity?

  M Venkat    12 January 2021 at 10:00

In this article, we understand all about Gratuity, including its meaning, taxability, eligibility, and its calculation for Employees covered under the Payments of Gratuity Act, 1972 and those not covered under the act.

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Posted in Income Tax  2 comments |   9579 Views