Income Tax Rules for Freelancers
Income Tax Rules for FreelancersA regular 9-to-5 job doesn’t work for everyone. Many people prefer having the freedom to explore their interests, spend more time with family, or simply avoid…
What is Form 10BE, Its Due Date, and How to Download It in Income Tax
Lately, there has been considerable attention on a new provision introduced under Section 80G of the Income Tax Act, 1961, particularly concerning Form 10BD and Form 10BE. If you contribute…
Understanding Taxation on E-Commerce Transactions under Income Tax and GST (with Practical Examples)
Understanding Taxation on E-Commerce Transactions under Income Tax and GST (with Practical Examples) E-Commerce transactions are affected by several tax rules under Income Tax and GST. The government has introduced…
Section 115BAC of Income Tax Act: New Tax Regime Deductions Allowed, Exemption List & Benefits
What is Section 115BAC – The New Tax Regime?Section 115BAC, introduced in the Budget 2020, established a new tax regime effective from FY 2020-21 (AY 2021-22). This regime offers reduced…
How To Fill Form 10E To Claim Relief Under Section 89(1)?
How To Fill Form 10E To Claim Relief Under Section 89(1)?Relief Under Section 89(1) of the Income Tax ActSection 89(1) of the Income Tax Act provides relief for income received…
