Taxable, Non-taxable and Partially Taxable elements of salary
As per the Payroll Processing in India, in addition to the basic salary, there are various other salary components such as taxable benefits offered by employers to employees. Moreover, these different components have different tax implications. Under the IT Act of 1961 in Payroll Processing, taxable benefits can be broadly classified into two broad categories5 min read
Cracking The Tax-2020 Code !
Finance Minister, Nirmala Sitaraman, Has Announced The Union Budget For 2020 And Proposed The New Income Tax Regime With The Revised Tax Slabs And Rates. With this update, the individuals now have the opportunity to decide if he/she wants to follow the new regime or continue following the old one. Let’s dive into it in detail: The individual taxpayers in India are classified into5 min read
Everything You Need To Know About Tax Saving!
With The Filing Season Coming In, Everyone Is In Search Of Ways To Save Tax. In order to figure out the tax-saving process, you need to first identify the tax slab you fall under and also, understand the significance of each of your salary components. Salary Structure Salary consists of various components that can widely help5 min read
The Ultimate Guide To Tax
What Is Tax? Wondering what is tax? Have a lot of questions regarding how does taxation work, why do we need to pay it, who is liable to pay, etc. Don’t worry, we are here to answer all your questions. Let’s start with the basics first! Tax is a duty or fees levied on the individuals or organizations by the government to raise funds to finance various welfare5 min read
Tax Saving Made Easy With Keka!
With Tax 2020 Season Coming In, Everyone Is Busy Figuring Out Ways That Will Help Them To File Tax Easily. People often consider it as the most complex function,whether it’s computation of income tax, claiming deductions or filing returns. There must be a number of questions running overyour mind like where to invest your money, how much to invest, how to save your secondary income, are5 min read
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