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So far Accountants Club has created 449 blog entries.
5 01, 2020

Road Tax in Karnataka

By |2020-10-24T14:57:35+05:30January 5th, 2020|Categories: Other Taxes|0 Comments

Road tax in Karnataka is determined by the Karnataka Motor Vehicles Taxation Act. The amount payable as tax depends on a number of variables including vehicle age and engine capacity. When you decide to purchase a car or a [...]

5 01, 2020

Service Tax

By |2020-10-24T14:59:00+05:30January 5th, 2020|Categories: Other Taxes|0 Comments

What is Service Tax? Service tax was, in the past, a form of tax that was collected by the Indian Government for certain goods and services. The individual paying the service tax can be either a receiver or a [...]

5 01, 2020

Section 80c

By |2020-06-23T15:46:13+05:30January 5th, 2020|Categories: Sections|0 Comments

Section 80C of the tax Act allows for deductions up to Rs.1.5 lakh p.a. Under the section, individuals can invest in a number of savings schemes to claim deductions on their taxable income. What is Section 80C? Section 80C [...]

5 01, 2020

Section 80D

By |2020-06-25T15:13:44+05:30January 5th, 2020|Categories: Sections|0 Comments

Section 80D of the tax Act provides tax deductions for medical insurance premiums made for the self and therefore the family which may go up to Rs.50,000. Self, parents, children, spouse and Hindu Undivided Families (HUF) can claim this.The [...]