MyOysterJun 8, 20232 minHow to Avoid Tax Traps by Understanding Clubbing of IncomeClubbing of income under Income Tax Act of India is a provision that combines the income of two or more persons for tax purposes. The...
MyOysterMay 18, 20231 minNew Income Tax Regime in India.From FY 2020-21, you can choose to pay income tax under an optional new tax regime. The new tax regime is available for individuals and...
MyOysterMay 18, 20232 minRule 37BA of the Income Tax Rules, 1962It deals with the credit for tax deducted at source (TDS) for the purposes of section 199. According to this rule, credit for TDS and...
MyOysterApr 23, 20233 min Tax planning for FY 24 in India Tax planning is the process of arranging your income and expenses in a way that minimizes your tax liability and maximizes your savings....