Income Tax on Pension

Income Tax on Pension A pension is a periodic compensation provided to a person for the services rendered in accordance with the agreement of service. The compensation is taxed as a part of the Income Tax assessment of the employee…

Rebate u/s 87A

Rebate u/s 87A - Income Tax - Applicability & Eligibility Rebate u/s Section 87A of the Income Tax Act was introduced in the year 2013 with the objective of reducing the tax liability of the assessees whose income is less…

Form 15H

Form 15H - Income Tax - Avoid TDS Deduction Form 15H is an application form which can be used by senior citizens to inform the bank that there is no need for withholding Tax Deducted at Source (TDS) since the…