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TDS on salary is not on a fixed rate; Know how tax is calculated and deducted by employer

TDS on salary: Before paying a salary every employer will deduct tax deducted at source (TDS) and then pay a salary to their employees. However the rate of deduction of TDS is not fixed and it is determined by calculating the average rate of tax of the employee. Read here to know exactly how the calculation for TDS is done. ....

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'HMRC messed up my pension tax code – why is it now asking for several advance payments?'

Dear Mike, ....

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How is Income Tax Calculated, Delhi News in Hindi

In
today's modern world, income tax is an essential aspect of our financial lives.
Whether you're a ....

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Here's a lowdown on the procedure for filing Form ITR-1

The taxpayer is required to gather Form 16, Annual Information Statement, Form 26AS, Taxpayer Information Summary, interest certificates, and investment proof before beginning this process ....

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How to file ITR-1 for FY 2022-23 with salary, income from house property and other sources

The income tax return filing season is upon us. Most salaried individuals are eligible to file their tax returns using ITR-1 form. This tax return form is also known as Sahaj . However, not many people know the steps to file ITR-1 on the income tax e-filing portal. Here is a step by step guide of filing ITR-1 on the income tax e-filing portal. ....

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