Filing taxes can be quite a taxing experience, especially for the first-timers! General information regarding various types of papers, taxation laws and amendments, accounts, investments, income tax deductions and exemptions, etc. usually bombards the taxpayer! However, knowledge and evaluation of the topic in the discussion is a useful skill that will boost an individual’s confidence to deal with the process of paying taxes. There are a few important things to know that will prove to be useful while filing income tax, especially for first-time taxpayers. Calculations on tax are based on the income earned during a financial year; the period is marked from April 1 of the present year to March 31 of the subsequent year. An Income Tax...
Even if you are new to filing taxes or are seasoned taxpayers, you’re always looking for ways to exempt yourself from paying a huge sum of money as Income Tax. We all look for various methods to save tax, whether at an individual or organizational level. Here is a quick read on how to claim donations under 80G?
Child marriage is defined as a marital union of a girl and boy before the age of 18, which also includes informal unions wherein children under the age of 18 live with a partner as if they are married. This illegal act violates children’s rights and places them at an increased risk of violence, exploitation, and abuse. It is certain that the girl and boy are affected by the marriage, however, the girl child is affected disproportionately; it puts an end to her childhood. A girl married as a child is prone to be illiterate, experience domestic violence, become infected with sexually transmitted diseases, bear a child at an early age that could potentially endanger her life due to complications during pregnancy and childbirth, etc.