How To Claim Business Loan Tax Deductions Under Section 80C? 862 views … for budding entrepreneurs to raise adequate capital and get tax deductions under Section 80C. This blog will help … includes numerous tax-saving investments to claim a tax deduction of up to Rs.1.5 lakh. For example, if your total …

6 Ways to Save Your Income Tax in 2024 731 views Tax planning can be daunting, overwhelming, and time … and 80CCD (1) are explained here: Section 80C Deduction: Invest up to ₹1.5 lakh in the …

Top 10 Tax Benefits to Support MSMEs’ Growth 226 … way MSMEs can reduce some of this pressure is by using the tax benefits available to them. These benefits are not just … of maintaining detailed books of accounts.  3. Deduction for Employment Generation To promote …

… rented accommodation can avail the benefit of this deduction. The extent of deduction which can be availed is subject to the provisions of section 10(13A) of the Income tax Act, 1961. Interest on home loan – Homeowners … is subject to the provisions of section 24(b) of the Income tax Act, 1961. On a plain reading of the text it may …

What is TDS (Tax Deducted at Source) and How Does It Work? … wondered about its significance. To explain, TDS refers to Tax Deducted at the Source, which is used to maintain tax … the money paid is subject to a certain percentage of tax deduction. This deduction is deposited as income tax TDS …

How Section 43B of Income Tax Act Benefits MSMEs 367 views Section 43 B of the Income Tax Act is a crucial tool for MSMEs in managing finances and … the financial year ending March 2024. Condition for Deduction: Under Section 43B of the Income Tax Act, the …

Professional Tax: Everything You Need to Know 767 views … that professionals and businesses must pay a state-level tax known as Professional Tax (PT), which is separate from … for the process and not be worried. 6. Can Claim Deduction  Employers and employees can claim a …

Is My Business Loan Repayment Tax Deductible? 447 views … At the same time, the business loans also come with certain tax benefits and are particularly helpful if a business is … and through business credit cards are also eligible for tax deduction. Sapna aapka. Business Loan Humara. …

11 Tax Saving Tips for Small Business Owners 166 … members for legitimate business needs can be a really good tax-saving option. Ensure you pay them salaries which can be … your tax liability. 7. Master the Art of Tax Deduction at Source (TDS): When making payments for …

… • You will not be able to take benefit of student loan tax deduction. • You may have to make financial sacrifices … using the adjusted gross income on your federal income tax return. Then you will be asked to repay 20% of your …