SectionDeductionMaximum LimitApplicabilitySection 80CInvestments in PPF, EPF, LIC, NSC, ELSS, principal repayment of home loan, etc.₹1,50,000Individuals & HUFSection 80CCCContribution to annuity plans of LIC or...
In accounting, the rules of debit and credit are fundamental concepts that guide how financial transactions are recorded. These rules differ under the Traditional...
S. No.Form No.Detailed DescriptionDue Dates1Form 26QThis form is used to file TDS returns for payments other than salary, such as professional fees, interest, rent,...
The Income-Tax Bill, 2025, as introduced in the Lok Sabha, is a comprehensive legislative proposal aimed at consolidating and amending the income tax laws...
1. UPI (Unified Payments Interface) – India
UPI is one of the most advanced digital payment systems, allowing instant bank-to-bank transactions using a mobile number...
