Advance Tax Payment: A Comprehensive Guide – NewsRoomUS

Advance tax is tax payable by an Assessee if the entire computed tax for the 12 months is greater than Rs 10,000 & who’ve sources of earnings apart from their wage. That is relevant to lease, capital positive aspects from shares, mounted deposits, lottery winnings, and so on. It may be paid on-line or by … Read more

Advance Tax Payment: A Comprehensive Guide – NewsRoomUS

Advance tax is tax payable by an Assessee if the full computed tax for the yr is greater than Rs 10,000 & who’ve sources of revenue aside from their wage. That is relevant to lease, capital beneficial properties from shares, mounted deposits, lottery winnings, and so on. It may be paid on-line or via sure … Read more

Section 80E Income Tax Deduction or Interest on Education Loan – NewsRoomUS

An schooling mortgage not solely pays on your or your kid’s larger schooling, however it additionally reduces your tax invoice. Based on Part 80E of the Earnings Tax Act of India, 1961, the curiosity paid on the schooling mortgage is eligible for tax deduction. An schooling mortgage can prevent a big quantity of tax along … Read more