Section 80EESection 80EE - Deduction on Home Loan Interest
Tax deduction under Section 80EE of the Income Tax Act 1961, can be claimed by
first-time home buyers for the amount they pay as intere...
The National Pension System (NPS) is a contributive pension system in which
subscriber contributions are collected and accumulated in the employee's
individual pension account along with matchi...
Taxation is one of the most important source of revenue for the government of
any Country. Tax System in India can trace its origin since the ancient times in
prehistoric texts such as Manusmri...
This article aims to give a review about Law of Taxation and
The constitution has supreme power it sets the structure that democrates
political code, fundamental...
Tax is a common contribution towards the government according to everybody's
ability to pay for raising revenue that's for the benefit of society. The
dictionary definition states that ďa compu...
Government of India is confined into three branches for example Legislature,
Executive and Judiciary. It is the constraint of the advisory group to make
the laws and that of the pioneer, to ke...
Being the Biggest assessment change in India, GST will permit the genuine GDP
development of the Indian economy to hit 6.75 percent in this financial year
with desires for 7 to 7.5 percent genu...
Amendment in Section 10AA through the notification No.35 /2020 dated June 24,
2020, issued by CBDT and along with the gazette notification dated
29th September 2020, by The Ministry Of ...
Equalization Levy: Meaning
The income tax law imposes levies based on place of residence of the taxpayers
and /or their source of income, such laws were originally conceptualized with
Tax is not a quid pro quo, it is a compulsory levy by the government that is
to be paid by the people and resultantly helps in the overall development of the
country. the historical background ...