What is Basic Salary? Calculation, Rules, and Tax Implications
A basic salary is a necessary part of any compensation package, regardless of the role that an employee works in. For the purpose of...
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Rashmita Choudhary
- Aug 29
- 8 min
Section 194-IB and Section 194-IC of the Income Tax Act: Know the Essentials
The Income Tax Act's Section 194-IB addresses the tax withheld from rent payments at the source. To put the "Joint development agreement"...
240
Asharam Swain
- Aug 28
- 7 min
What is Dearness Allowance: A Detailed Guide
All employers in the public sector provide their workers with base pay in accordance with the applicable pay scale. The take-home pay is...
350
Rashmita Choudhary
- Aug 28
- 7 min
Income Tax Helpline: Know the Customer Care Contact Details
The income of an individual or an organisation is subject to TDS, or tax deducted at source, as per the Indian Taxation Code. Before...
210
Asharam Swain
- Aug 26
- 8 min
Section 206C(1H): Understanding TCS on Sale of Goods
Over the years, the Income Tax Act of India has been amended multiple times to guarantee an equitable and transparent tax system in...
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Rajesh Kumar Kar
- Aug 26
- 9 min
What is Transfer Pricing? A Guide for Taxpayers
The exchange price of goods and services between businesses that are under the parent company's control is known as transfer pricing....
130
Nimisha Panda
- Aug 26
- 8 min
Understanding GSTR 11: Rules, Eligibility, Return Filing, and More
If the GST officer thinks the taxpayer owes any taxes under the GST Act, the taxpayer will get a written notification through the...
220
Asharam Swain
- Aug 26
- 10 min
DRC-03: What Every Taxpayer Must Know
Under the GST regime, taxpayers must comprehend and accurately execute the DRC-03 filing procedure to manage their tax liability. The...
450
Nimisha Panda
- Aug 26
- 11 min
Demand and Recovery under GST: A Detailed Guide
Under the Goods and Services Tax (GST) system, an individual assesses their own tax liability and pays it. If the tax is paid through...
440
Asharam Swain
- Aug 24
- 8 min
GST Scrutiny: How to Handle a GST ASMT-10 Scrutiny Notice
Each GST-registered taxpayer is required to timely file one or more prescribed GST returns. The tax authorities will review these GST...
350
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