Tax Archive

Immovable property TDS

Immovable property TDS Government of India has introduced a recent provision of TDS on immovable property in 2013 finance bill. According to this new provision any person who purchases any immovable such as any building or land

Check your Tax Credit Statement form 26AS Online

Tax Credit Statement form 26AS Tax credit statement is way to check tax paid and due by a person. This facility is provided by income tax department to every PAN holder.  This statement is also known as Form

Tax Deduction and Tax credit statement

Tax Deduction and Tax credit statement Income Tax deduction is simply when there is reduction in income which is taxable. When we reduce the income on which we have to pay tax then subsequently tax also reduces.

How to check PAN Card status

How to check PAN Card status ? Permanent Account Number (PAN) card is provided by Income Tax department. It is a unique ID given by income tax department to all it taxpayers. It is the id proof

How to apply for TIN Number ?

TIN Number TIN Number or Taxpayer Identification Numbers is the id proof for regular Taxpayers. It is issued by Internal Revenue Service (IRS). However Social Security Administration (SSA) also issues it but generally id proof issued by

Tax structure in India

Tax structure in India Tax is a mandatory participation of the citizen and organization of a nation to the government of the country. There are three stage of Income tax collection: Tax imposed by central government of

Tax exemption on Medical Insurance Premium

Tax exemption on Medical Insurance Premium Income Tax Act with its lots of other tax exemption give benefit on medical insurance premium as well to people. According to section 80D of Income Tax Act, India a person

How to apply for PAN Card ?

Permanent Account Number card or PAN card is given by Income Tax department and it acts as identification for financial transactions. PAN no. is mandatory in many aspects like for bank and post office transactions up to

What is PAN Card?

PAN card is stands for Permanent Account Number card. This no. is given under the special provision of Indian Income Tax Act 1961. It is unique alphanumerical arrangement given by income tax department. It works as identity

How to save Income Tax through Leave Travel Allowance (LTA)

Save your Tax through Leave Travel Allowance Leave travel allowance is being extremely helpful these days to save income tax. Exemption on LTA is described under section 10(5) of Income Tax Act. All salaried employed by keeping