Tax

Maximize Your Tax Benefits: Understanding 80GG Deduction

Marg ERP Ltd - February 14, 2023 0

Introduction: The Income Tax Act, of 1961 provides various sections to claim deductions from your taxable income. One such section is 80GG, which allows a...

Mutual Fund Redemption Taxability: Understanding Capital Gains

Marg ERP Ltd - February 19, 2023 0

Mutual funds are a popular investment option for individuals looking to earn returns on their money. They are essentially a pool of money collected...

Understanding Short-Term Capital Gains Tax: What You Need to Know

Marg ERP Ltd - February 23, 2023 0

Short-Term Capital Gains Tax: Understanding the Basics If you have ever bought and sold an asset within a year, you may be familiar with short-term...

Understanding Section 10(26) of the Income Tax Act: Tax Exemption for Specified Persons in...

Marg ERP Ltd - March 7, 2023 0

Section 10(26) of the Income Tax Act provides certain categories of individuals who are exempted from paying tax on their income. These categories of...

LTA Tax Exemption: A Comprehensive Guide

Marg ERP Ltd - February 17, 2023 0

If you are an employee and your employer provides you with Leave Travel Allowance (LTA), you may be eligible for tax exemptions. LTA is...

Exploring Tax-Free Countries: Benefits, Risks, and Considerations

Marg ERP Ltd - February 21, 2023 5

Tax-Free Countries: A Guide to Living and Investing As the world becomes more connected, people are increasingly looking for ways to live and invest in...

A Complete Guide to Advance Tax: What It Is and How to Calculate It

Marg ERP Ltd - February 22, 2023 0

Advance tax is a form of tax payment that is required to be paid in advance by taxpayers in India. It is a form...

Section 194N: Understanding Tax Deduction on Cash Withdrawals in India

Marg ERP Ltd - May 25, 2023 0

Introduction: The Indian government has implemented various measures to promote digital transactions and curb the circulation of black money. One such measure is the introduction...

Understanding TDS: Tax Deducted at Source – A Comprehensive Guide

Marg ERP Ltd - February 20, 2023 0

What is TDS: Understanding Tax Deducted at Source Tax Deducted at Source, commonly known as TDS, is a tax collection mechanism used by the Government...