It is essential for everybody in the country to pay income tax. Surprisingly only 3.24 crore people make payment on income tax every year and that is not much given the population figure and the fact that there are so many people earning income every day. As an Indian citizen it is mandatory to ... Views: 1514
There are many first timers who believe that calculating income tax is all about numbers and that the process involves only a few simple mathematical calculations after which the amount payable to the Income Tax Department of India can be derived. However, the truth could not be any more ... Views: 1366
E-Return Intermediaries or ERIs are an important part of the process of collecting income tax from taxpayers all over the country ever since the Efiling of income tax returns has gained popularity. These ERIs are closely involved with the process at every step and know exactly how everything ... Views: 684
The calculation of the exact amount of Income Tax payable to the Income Tax Department of India is one of the most important steps that need to be taken care of by individuals and companies alike while filing Income Tax Returns at the end of every financial year. The payable Income Tax depends ... Views: 1025
Income tax e-filing is advantageous at all levels. It is a time-saving procedure which makes it easier to resolve our tax issues with the government. Online forms are available that can be filled and then sent to the Indian income tax department. Once this reaches their office, it gets ... Views: 837