Shreyans Panchal, Author at Tax Guide

Leave Encashment Tax Exemption: Formula, Examples and Tips

Leave Encashment is a benefit provided by employers that allows employees to receive a monetary equivalent for unused leave days. […]

Introduction to SBI and Its Banking Services The State Bank of India (SBI) is the largest public sector bank in

Introduction to DTAA for NRIs Non-Resident Indians (NRIs) often earn income in multiple countries, which can lead to the issue

Navigating income tax as a Non-Resident Indian (NRI) can be complex due to differing rules based on residency status, income

Section 197 of the Income Tax Act, 1961 offers relief to taxpayers-both residents and non-residents Indians (NRIs)-from excess Tax Deducted

GST on Clothes – An Overview The clothing and textile sector, being a major part of the Indian economy, is

Key Takeaways Goods and Services Tax (GST) has significantly reshaped the taxation landscape in India, impacting various sectors – including

Capital gain refers to the profit earned when an investor sells mutual fund units at a price higher than the

ITR-2 is an Indian Income Tax Return Form used by individual taxpayers and Hindu Undivided Families (HUFs) who do not

Transport allowance is an allowance provided by the employer to their employees for expenses related to commuting between their place

Dividend refers to the portion of profit that is distributed by companies to its shareholders, either annually or quarterly, depending