Who deducts the tax? The entity entrusted with the administration of the EPF scheme is
WITHDRAWAL OF ACCUMULATED BAANCE AT THE TIME OF RETIREMENT OR AT THE TIME OF LEAVING JOB
Employee Provident Fund (EPF): Exempt at retirement or end of service: The accumulated EPF Income Tax
SALARY PAID IN FOREIGN CURRENCY
Salary earned in foreign currency by a resident of India is generally taxable in India,
Reimbursement of LTC/Medical Expenditure in Advance under Income Tax
Under the Income Tax Act, 1961, reimbursement of Leave Travel Concession (LTC) and medical expenses
SUPPORTING EVIDENCE FOR HRA/LTC INTREST ON HOME LOAN/DEDUCTIONS UNDER CHAPTER
Claiming various deductions under Income Tax in India requires supporting evidence to substantiate your claims.
DEFERRING TDS IN RESPECT OF INCOME PERTAINING TO EMPLOYEE STOCK OPTION PLAN
In India, the taxation of income earned through income tax an Employee Stock Option Plan
CAN THE EMPLOYER DEDUCT TAX IN RESPECT OF OTHER INCOMES OF EMPLOYEE
. TDS on Salary from Multiple Employers: If an employee receives salary from multiple employers, one
Relief under Section 89
Section 89 income tax provides relief from tax liability for certain types of income that
HOW TO DEDUCT TAX WHEN A PERSON IS EMPLOYED BY A MORE THAN A ONE EMPLOYER
Employee Name: John Doe Home State: Karnataka Employer 1: Company A (Salary Rs. 1,00,000 per month) Employer 2: Company B
TAX ON PERQUISITE PAID BY EMPLOYER
Perquisites and Taxability under Income Tax Perquisites are fringe benefits under income tax provided