Is Online Legal India Fake?
10 May, 2024
Section 80C of the Income Tax Act governs the majority of tax-saving investment schemes. According to this provision, the investor's investments are entitled to tax exemption up to a maximum of Rs. 1,50,000.
An income tax assessment determines a person's or a corporation's tax liability. The Income Tax department has the authority to assess any taxpayer. Assessments are carried out by the Central Board of Direct Taxes, which is overseen by the Income Tax Act of 1961.
The Assessing Officer may select the tax return for reassessment. It will be done in accordance with predetermined rules through email under Section 148, a provision for income-exempt assessment
Microfinance companies, as the name implies, are financial institutions that give funds to low-income groups where the need for funds is lower than in other sectors of society
In terms of the Entertainment Industry in India, it has made significant leaps in the previous two decades. It is currently predicted to reach roughly US$62 billion by 2025, with an average growth rate above 12%.
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