News & Articles

Category: tax

tax
Old vs New Tax Regime: Which Is Better ?

The recent Budget 2023 has caused a lot of confusion among taxpayers regarding the choice between the old and new tax regimes. The government has introduced various

tax
Difference Between IT Deductions and Exemptions

A detailed look at tax deductions and exemptions Tax deductions are concessions allowed by the Income Tax Department, reducing an individual’s gross total income. These deductions

tax
Tax Exemption for Startup under Section80IAC

Overview Newly established and incorporated startups often face a shortage of financial resourcesduring their initial stages of operations. This further hurts theirsales and profits. The