List of Different Types of Non-Medical Expenses in Health Insurance
When you buy medical insurance, you expect to be covered for all costs associated with hospitalisation. However, it is important to remember, that as per the guidelines set by the Insurance Regulatory and Development Authority of India (IRDAI), a health insurance plan covers only the medical expenses. This means that all non-medical expenses incurred during hospitalisation are not covered.
Formula & Process to Calculate TDS
In the Income Tax framework, one of the most important terms that each one of us comes across while making a payment or receiving an income is the TDS (Tax Deducted At Source).
How to Make TDS Payment
The mandate rule within the country today is to keep a check on the tax payments from citizens as this money goes to the betterment of society. However, there are many tax exemptions and scope of relief available for the citizens.
What is Section 194H of Income Tax Act?
The law and taxation system in the country is difficult to comprehend, especially with the various divisions, provisions and tax sections. An essential aspect of the Income Tax Act is Section 194H.
What is Section 40A(3) of income tax
One of the key priorities of the government and taxation system in India is to promote accountability and transparency. All the financial transactions between businesses and individuals require monitoring and responsibility, levied using multiple income tax rules and regulations.
Exemption in New Tax Regime
The income tax regime defines tax slabs and rates to be paid by the taxpayers. The government of India has introduced the new tax regime in 2020. While this regime has increased the tax rates, it provides multiple tax-saving options.
List of Different Types of Non-Medical Expenses in Health Insurance
When you buy medical insurance, you expect to be covered for all costs associated with hospitalisation. However, it is important to remember, that as per the guidelines set by the Insurance Regulatory and Development Authority of India (IRDAI), a health insurance plan covers only the medical expenses. This means that all non-medical expenses incurred during hospitalisation are not covered.
Formula & Process to Calculate TDS
In the Income Tax framework, one of the most important terms that each one of us comes across while making a payment or receiving an income is the TDS (Tax Deducted At Source).
How to Make TDS Payment
The mandate rule within the country today is to keep a check on the tax payments from citizens as this money goes to the betterment of society. However, there are many tax exemptions and scope of relief available for the citizens.
What is Section 194H of Income Tax Act?
The law and taxation system in the country is difficult to comprehend, especially with the various divisions, provisions and tax sections. An essential aspect of the Income Tax Act is Section 194H.
What is Section 40A(3) of income tax
One of the key priorities of the government and taxation system in India is to promote accountability and transparency. All the financial transactions between businesses and individuals require monitoring and responsibility, levied using multiple income tax rules and regulations.
Exemption in New Tax Regime
The income tax regime defines tax slabs and rates to be paid by the taxpayers. The government of India has introduced the new tax regime in 2020. While this regime has increased the tax rates, it provides multiple tax-saving options.
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