Category Archives for "Income Tax"

What is SGST, CGST & IGST?

what is gst

GST(Goods and Services Tax) is an indirect tax levied on the event of supply of goods and services. However, the constitution does not contemplate one tax on all supplies. Types of GST: There are three GST taxes which are applicable to different kinds of supplies. The constitution divides these three taxes amongst the Central and […]

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Why People Donate a Car to Charity?

why donate a car to charity tax deductions

Want to donate your car to charity? There are many reputable car donation charities that accept car donations directly. Now before that, you must first understand the benefits of donating a car and also the best way to donate a car to charity. Before 2004, the main reason behind this was getting a fair deduction in Tax […]

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