Chartered Accountant • 1y
Income Tax season is here: Dont forget to claim House Rent Allowance (HRA) deduction given by your company so that you can save a substantial amount of tax.
Partner at D P S A &... • 12m
AVOID this mistake WHILE taking deduction of interest (saving +fixed deposit)in your ITR🔴🔴🔴🔴🔴 Since ITR Season is around, highlighting common confusion ➡️For Individual & HUF - We can take a max deduction of 10,000 on interest from a savings a
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The Institute of Chartered Accountants of India • 1m
How to Calculate Employee Cost to Company (CTC) & Understand In-Hand Salary. 🤔 1️⃣ Cost to Company (CTC): CTC represents the total amount a company spends on an employee annually. It includes: + Basic Salary + Dearness Allowance (DA) + House Rent
See MoreIn God We Trust, The... • 3m
🚀 Section 80-IAC: Tax Exemption for Startups! 💡 If you're a startup recognized by DPIIT, you can claim a 100% tax deduction on profits for 3 consecutive years out of the first 10 years! 🎉 📌 Eligibility: ✅ Incorporated as a Private Ltd. Co. or L
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Essential Tax Tips Every Indian Startup Shld Know- Navigating taxes can be tricky for startups, but mastering them is crucial for growth. Here’s what every Indian entrepreneur shld keep in mind: •Startup India Exemptions: If your startup is recognize
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Big Relief for Start-Ups! 🚀 The Finance Act 2025 brings great news for aspiring entrepreneurs! The tax exemption under Section 80-IAC—which allows eligible start-ups to claim a 100% deduction on profits for three consecutive years within their firs
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