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Demystifying TDS on Commission under Section 194H of the Income Tax Act

Commission or brokerage is a fee a broker or agent charges for their services in facilitating a transaction between two parties. It is a form of compensation for the broker's time, effort, and expertise in matching buyers and sellers, negotiating the transaction terms, and completing the

Written by srivalli susarla

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Inheritance Tax in India: What You Need to Know?

Inheritance Tax is often considered one of the more complex and dreaded aspects of estate planning in India. Yet, understanding its nuances can save both you and your heirs significant sums of money in the long run. So, let's dive into what IHT is, how it works, and what you can do to man

Written by Prakhar Sushant

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Your Guide to NPS Tax Benefits Under Section 80CCD

Planning for retirement is crucial for a secure future. Individuals seek investments for growth and tax benefits. The National Pension System (NPS) is gaining popularity as one such avenue. NPS Tax Benefits under Section 80CCD provide a structured platform for individuals to build a retir

Written by Prakhar Sushant

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Leave Encashment Tax Exemption in India 2025

For many Indian salaried employees, accumulating leave credits is a standard practice. While these leaves offer a break, converting them into cash through leave encashment can boost your finances. However, understanding the tax implications of leave encashment is crucial. This guide delve

Written by Prakhar Sushant

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Nizampet Property Tax: Online Payment and Receipt Download 2025

Are you a homeowner in Nizampet planning to pay your property tax? Do you know the current Nizampet property tax rates and payment deadlines for properties? Owning property in Nizampet has numerous advantages, alongside the responsibility of annual property tax payments. This essential co

Written by Suju

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NDMC Property Tax: Pay Tax Online, Offline, Receipt Download 2025

Are you aware that the NDMC property tax deadline is close? More importantly, have you completed your payment? NDMC property tax is an annual tax that property owners in North Delhi must pay to the North Delhi Municipal Corporation (NDMC). This tax applies to all residential, commercial,

Written by Priyanka Saha

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Tax on 7 Lakh Income: Tips to Maximise Savings and Pay Zero Tax

If you earn ₹7 lakhs annually, you might wonder how much tax you need to pay. The tax on 7 lakh income can vary depending on the tax regime you choose. Recent changes in tax laws have introduced options that allow you to pay no tax on ₹7 lakhs of income if you select the right regime.

Written by Priyanka Saha

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