Hiding Tax – Why it is tough now, honest will be rewarded.
are you hiding tax? then this article is right for you to read, and how will the honest be rewarded? I have seen so many people avoiding tax and cheating the income tax department with wrong information. But this will not last for long. Very soon, your insurance premium, school, and hotel bill are coming under the Income-tax Department Scanner. In addition, some other high-value transactions will also be coming under the I.T. scanner. This is really a good move and will benefit the nation and honest taxpayers. and the tax avoiders will be punished. The list of high-value transactions …
Pay Zero Tax – On your white money-Here is the way…
Pay zero tax on your white money is the headline for this article. You may be surprised by seeing this headline, and you may be thinking that I am joking. But it is true. You can pay zero tax on your income completely. First, let’s understand the different categories of people who are earning money. There is a four-category type of people who are earning money. Salaried Employees Business People Self Employed Professionals Read this article that How Cost Inflation Index will help you pay less tax. Also, read the article, What are the benefits of filing Income Tax returns? …
BUDGET 2019 8 CHANGES- You should know these highlights…
8 changes in Budget 2019 are very important to us to know. The Highlights are explained below. 1. The Main Change out of 8 changes is in Income tax slab rates… Your tax liability is zero if your taxable income is 5 lakh. However income tax slab not changed in 2019 Budget. Latest Income TAx Slab Rates for F.Y 2019-2020 (A.Y – 2020-2021) (www.paisahealth.in) Income Slabin (Rs.) INDIVIDUAL BELOW 60 years age Senior Citizen age 60 yr and below 80 yrs. Super Senior Citizens age above 80 yrs and above Up to 2,50,000 0 0 0 2,50,001to3,00,000 5% 0 …
