Tag Archives: income
The Income Tax Act specifies that gains/profits that result from the transfer of capital assets are liable to be taxed as income. To understand the concept of tax on capital… Read more
Income Tax Calculation To calculate the tax to paid for a Financial year, the steps included are : 1) Add all the incomes from different sources to find the Total… Read more
What is the difference between saving and investment? This article addresses the savings vs investments debate.