TAX SERIES :Overview of income tax law from the view point of Salaried employees(series-2 )
Hello everyone! Welcome back to my blog. Very glad to know that many of you have gone through the Tax series -1. If you haven't read the same, click here to read through the same to get a better understanding of this series. If you haven't subscribed to this blog, please subscribe by clicking subscribe icon. If you find it difficult reading this blog in English, then select your preferred language (ex., తెలుగు, தமிழ், ಕನ್ನಡ , etc.) by clicking on the translate button available in the gadget icon on the left side of this blog. A quick recap of contents in Series-1. 01.Difference between Income tax and GST. 02.Previous year and Assessment year. 03.Basic Exemption Limit and Assessee. 04.Concept of TDS. Click here to get into any section of any act. In continuation to Series-1, I would like to draw your attention to the following. 01 . At what rate TDS will get deducted from salaries and what is the eligible salary for the requirement of TDS deduction? 02. What is advanc