Plan Your Investment

Are you planning a vacation for this year? or you have the habit of going for vacation every year to visit the good locations in India. That is indeed a good refreshment to relax from the every day work tension. Before planning for the vacation, lets understand the Leave Travel Allowance (LTA) exemption on your [...]

The following factors need to be taken into consideration for the computation of total income: (i) Residential status: This will determine what kinds of income of an assessee are taxable in India. It is important to remember that residential status is different from citizenship, and that it has to be determined separately for every assessment [...]