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Section 87A of the Income Tax Act , 1961, provides a rebate to resident individual taxpayers, aimed at reducing their tax liability. This...

Section 87A rebate in the new tax regime provides substantial relief to resident individuals, particularly those with lower to moderate...

Section 87A of the Income Tax Act, 1961, offers a crucial tax relief to resident individual taxpayers in India. It is designed to reduce...

TDS (Tax Deducted at Source) is a mechanism introduced by the Indian government to ensure that taxes are collected at the point of income...

The Reserve Bank of India (RBI) oversees the Priority Sector Loans (PSL) program, which requires banks to direct a portion of their loans...

The Goods and Services Tax (GST) is a novel indirect tax structure that was introduced for the nation in 2017. Instead of creating...

In the ever-evolving landscape of income tax laws, deductions play a crucial role in easing the financial burden on taxpayers. Among...

In India, practically everyone has a savings account. The majority of individuals are unaware, nonetheless, that interest received in a...

A stipend is money given to students, interns, and trainees. It is not a compensation or salary that an employee receives from their...

Opening a bank account is an essential step in managing your finances. In India, it requires submitting specific documents to comply with...