Author: aryanshah

Tax liability is the amount of tax to-be paid by the income earning individual/business to the government during a financial year. According to the Income Tax Act, the government levies... Read More

One of the first government-backed program is the NSC, or National Savings Certificate. It is ideal for anyone who want to make a little investment with guaranteed returns and save... Read More

The Income Tax Act allows you a variety of deductions that can assist you lessen your income tax. There are a number of approved investments and expenses that you can... Read More

The government has recognized the importance of easing out the financial burden of those in their retirement years. This has been reflected in the recent budget, both of which have... Read More

Double taxation is a situation where an income is subject to tax twice which can happen in many ways. Find out how can you prevent double taxation.... Read More

It becomes tedious for small businesses and professionals with a low turnover to maintain complete books of accounts for taxation purposes. To assist them, the government has come up with... Read More