The Senior Citizens Savings Scheme offers retirees safe, government-backed returns with 8.2 per cent interest, tax benefits ...

A Mumbai flat generating Rs 17 lakh in rent shows how deductions under Section 24(a) and 87A can make rental income tax-free.

The Tribunal held that service tax paid under a partner’s registration can be adjusted against the firm’s liability. However, liability as a sub-contractor was ...

From April 1, employees claiming Leave Travel Concession (LTC) may face tougher scrutiny under the proposed Draft Income Tax ...

Professional tax: who must pay it, which states levy it, how it differs from income tax, and what it means for your take-home ...

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Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as ...