Income Tax | 247HRM
 

Income Tax

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Most of you must be aware that there are certain tax-saving investments which one could make which not only help us in saving for the future but at the same time helps in reducing current taxes. We all would love to make such investments that would take the entire tax burden off your shoulders. What it implies is that any money which you save on...

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There are infinitely many tax-saving solutions prevailing in the Financial Market which would aid you in saving tax. A tax-saving investment which as an investor you want to do must be done after carefully analysing all the solutions and then choose the best one which would help you in accomplishing your financial goal successfully. Under Section 80 C of the Income Tax Act, you can invest...

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TAX SAVING Vs TAX PLANNING There is a fundamental difference between TAX SAVING and TAX PLANNING. Tax saving is usually done in desperation during the month of March, blindly putting money in an instrument along with someone you know, usually office colleagues. Tax planning, however, is a more systematic and well-informed approach towards not just saving on taxes but also ensuring capital appreciation on the amount...

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The role of technology in HR is ever expanding and as a consequence next-level HR Technology is known to be experiencing many innovative breakthroughs. The objective is straightforward i.e. simplifying work life for not just a human resource division, but the organization as a whole. However for any technology to be acceptable by the common user, it must be kept in mind that the process...

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The employee leave management system is the process of maintaining records of the number, certificates and reasons for the leave taken by its employees. A proper leave management system is extremely important for both the employee and the employer as it simplifies and speeds up each level of the process. Varied types of leaves being availed by different employees, at the same or different times, in...

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The 21st century is all about technology and digitization, so much so that there isn’t even a single aspect of our lives that can possibly go on without them. Business organizations, no matter big, small or medium sized use latest technology and several means of digitization in order to achieve success and have an edge over their competitors. Undeniably, no business organization can achieve success...

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Building an HR department in a newly established or already existing company might be a difficult task, but not an impossible one. If we have a correct plan then it would help a lot in building one without much effort. Since there are different kinds of organizations, all the things which are mentioned below might not be necessary, but they are at least useful in...

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In the present times of cutthroat competition, no business enterprise-be it small or large can afford to ignore the importance of any of its resources and components. A business enterprise essentially consists of a number of components such as land, capital but the most important component having the capability of making or breaking it is undeniably its human resources. Human resource refers to the employees...

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The HR departments of successful big companies have made considerable contribution in taking the productivity of the employees to the next level, maintained a harmonious work environment in the organization, and attended the major problems and much more. An efficiently functioning HR department can answer many crucial problems to avoid severe crisis within the enterprise. Before moving further on the privileges of having the HR...

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