House Rent Allowance is an allowance given by an employer to an employee. The sole purpose of this is to meet the cost of renting a home. Here, we hope to clear the doubts you may have about HRA. Do note, when we refer to salary in this article, it
SALARY INCOME- RELEIF U/S 89(1)RELIEF U/S 89(1) In case of relief when salary has been received in arrears or in advance:Method of calculating the relief: Calculate the tax payable on the total income, including the additional salary of the relevant
Authorising ‘agency’ for receiving Annual Information Returns on behalf of Commissioner of Income-tax (Central Information Branch) under section 285BA, read with rule 114E - In exercise of powers conferred under sub-section (1) of section
"EXCELLENCE IN PROFESSIONAL CAREER"When we look at the beautiful logo of our institute, we get to notice three words "Excellence, Independence and Integrity " which form the theme of the logo. This theme, according to me, is actu
OUR JOURNEY TOWARDS GSTCA SUDHIR HALAKHANDI E-mail Sudhir@halakhandi.com To be a part of globalize taxation regime, the Hon. Finance Minister has declared a road map for introduction of “Goods and Service Tax” in our country and accordin
MICRO FINANCE There are more than 70 million households in India earning less than $1 per day. To make a living, they need as much as Rs.1 lakh crore in credit but at the same time have no access to banks or formal financial services. Therefore, ther
Slowdown, recession, bailout; nowadays in every newspaper, on every news channel, and every techie speaks about these words. This is a simple and humble attempt to explain what has been done, result of which is going on and where future lies? What i
If your hobby is doing Tax and accounting then no need for you to read this article. For the rest of us, if you need help with your yearly tax return or run a business that requires hiring an accountant, then it can be quite a task to find a skilled
Stress Management can enable you to recognize signs and symptoms of stress and learn what happens in your body when you experience it. Stress Stress management takes time and work to learn why you're stressed, and figure out what to do about your str
A CLEAR LOOK AT EBITDA:Normally, investors focus on cash flow, net income and revenue as the basic measures of corporate health and value. But in recent years, another measure has crept into quarterly reports and accounts: earnings before interest, t
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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