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Everyone who earns income above a certain amount is subject to income tax as per Indian icome tax act. Your income could be from salary, interest income from savings, income from mutual funds, sale of property or business or professional income. Income tax rates are pre-decided at the start of the year in the Union Budget The tax paid or deducted on these incomes is called the income tax.
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When your income tax paid is more than your income tax liability for a given year, the excess amount paid is refunded by the Income tax department. This refunded amount is known as "Income tax refund"
The Union Budget 2020 has introduced a new income tax regime under Section 115BAC of the Income Tax Act, 1961 that gives you an option to pay lower income tax rates. Get support from us to save more
We have above 20 years of experience and have a vast exposure on Indian Tax structure, direct tax or indirect tax or GST. Get in touch with us for you all types of financial accounting, taxation & save time and money.
We are running a regular office at Saltlake. You can come to our office any day, any time at your convience or you can availa our online portal for sending & receiving documents to get your job done.
When your income tax paid is more than your income tax liability for a given year, the excess amount paid is refunded by the Income tax department. This refunded amount is known as "Income tax refund"
The Union Budget 2020 has introduced a new income tax regime under Section 115BAC of the Income Tax Act, 1961 that gives you an option to pay lower income tax rates. Get support from us to save more
We have above 20 years of experience and have a vast exposure on Indian Tax structure, direct tax or indirect tax or GST. Get in touch with us for you all types of financial accounting, taxation & save time and money.
We are running a regular office at Saltlake. You can come to our office any day, any time at your convience or you can availa our online portal for sending & receiving documents to get your job done.
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