Tag - Income Tax Department

Latest Income Tax and TDS Updates from CBDT India

Latest Income Tax and TDS Updates from CBDT India

The Indian tax system is dynamic, always changing and adapting to the economic as well as governmental changes happening around it. The development and implementation of these changes require the Central Board of Direct Taxes, India's highest authority on direct taxation. Recently CBDT has made several changes in the Income Tax Act and TDS...

Income Certificate vs. Income Tax Clearance Certificate What You Need to Know

Income Certificate vs. Income Tax Clearance Certificate: What You Need to Know

In India, when it comes to financial documents, two terms are often misunderstood or confused: Income Certificate and Income Tax Clearance Certificate. Though both serve as verification of an individual's financial position, they differ in terms of purpose, issuing authority, and application. In this blog, we will discuss the variations between the Income Certificate...