Taxes

Hate Paying Taxes ★ Check How to Pay 0 Income Tax on Salary of Rs 20+ Lakh (FY 2021-22)

Pay 0 Income Tax on Salary of Rs 20 Lakh

Salaried class have always complained of raw deal year after year in due to laws related to income tax on Salary. But the good news is you can still manage to pay Zero (NIL) income tax on salary of up to Rs 20 lakhs (Salary here means cost to company). All you need to have

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Should you Choose to be Employee or Independent Consultant from Taxation Perspective?

Employee Vs Consultant - The Tax Angle

Few people while taking up a new job have the flexibility to work as an employee or independent consultant (also known as contractor or freelancer). If planned properly consultants have lower tax outgo for the same CTC (Cost to company). With Budget 2016 introducing presumptive taxation for some professionals like legal, medical accountancy, architect, IT

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