Category: Income Tax

Income Tax Exemptions for Salaried Employees

Income Tax Exemptions for Salaried Employees / Individuals Updated on 10th July 2014 : budget day Every year most of the people eagerly wait for the budget proposals to be announced for various reasons. The most important one is on the Exemptions permitted for salaried employees and individuals.… Read more

PAN Card Verification

PAN Card Verification  PAN Card Verification used to be an open source database available both in Income Tax Websites, as well as in various tax related websites, up until last year. However, due to its potential of large scale misuse, Income Tax Department has now made the procedure accessible only to authenticated users such as Banks, Loan Lending Institutions, Government Bodies, and various such interest groups.… Read more

Form 16 16A in excel & word format

Form 16 and 16A Form 16 Form – 16 as we all know it is one of the most important forms, and is regularly used by us.  It is nothing but a certificate issued by an employer to an employee providing complete details of the Salaries & Wages earned, and the Exemptions and deductions applicable to the employee based on her / his salary structure as well as on the tax-deductible / tax-exemptible investments.… Read more

Lost PAN Card, what to do

What to do when PAN Card is Lost When we lose our PAN card, and realize it, we get into desperation and do not know what to do next. If your PAN Card is lost, do not panic, as obtaining a duplicate from the income tax authorities in India is a simple procedure.… Read more