ITR filing refers to the process of filing income tax returns (ITR) with the income taxdepartment of the government. It is an important compliance requirement for individuals,businesses, and other entities that earn income in India. Taxation statements givetaxpayers the ability...
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The Goods and Services Tax (GST) is a comprehensive indirect tax that replaced multiple indirect taxes levied by the central and state governments. The GST system in India is divided into four components - State Goods and Services Tax (SGST),...
In India, paying income tax on salary income is mandatory for all individuals. However, the government has provided various ways to save income tax legally, which can be taken advantage of to minimize tax liability. This essay will explore the...