Tax

Tax is a mandatory financial charge or some other different types of liability imposed on a taxpayer (A legal entity or an individual) by a government organization in order to maintain government expenses and various public expenses.

If an individual fails to pay taxes on time then the individuals are punishable by law. Taxes include direct and indirect taxes and may be paid in money or some other labor similar.

In this section, you will learn about the taxation system and how to save money on income tax. You will learn the ways to save money on tax legally offered by the government organization.

Child Education Allowance Eligibility

March 22, 2021 Richbrite 0

Central govt staffs are qualified for the month-to-month INR 2,250/- Children Education Allowance (CEA) per youngster. Yet according to the Department of Personnel and Training (DoPT), this CEA will go up when the Dearness Allowance (DA) on the overhauled pay structure goes up by 50%. As per the DoPT standards, […]

How to Calculate Tax: 6 Tax Tips to Help Your Business

December 22, 2020 Richbrite 0

Running your own business is hard enough without adding the complexity of preparing and filing business taxes each year. In tax matters, making financial decisions without consulting a tax advisor or an accountant can put you at risk and can cost you more money in the long run. To help […]

How to Link Aadhaar Number to PAN Card

November 10, 2020 Richbrite 0

Last Date for Linking Aadhaar Number with PAN NumberThe last date for linking the Aadhaar Number with PAN Number has been extended to 31st March 2021 from 30th June 2020. There are easy ways to link the Aadhaar Number to PAN Card by The Income Tax Department for taxpayers in […]

All You Need to Know About Saving Income Tax

November 8, 2020 Richbrite 0

During the time of filing an income tax return, most of us try to find a few ways to save more tax. You can save a good amount of tax if you follow the income tax procedure for saving tax in India. In this article, we are discussing the possible […]

Tax Saving Tips – Best Ways to Save Income Tax

September 6, 2020 Richbrite 0

It is very hard to avoid taxes and paying taxes on your hard-earned money is quite challenging at end of the every financial year for all of us. There are different types of taxes that we have to pay such as tax by state & federal levels, tax by Medicare, […]