Category: General

Are daycares GST exempt?
general
Are daycares GST exempt?

Family day care or child care is what is known as a GST-Free supply, and therefore family day care carers do not charge or collect GST. While GST Free sup...

What is Deduct amount?
general
What is Deduct amount?

To deduct is to remove or take away some amount. If your boss deducts money from your paycheck because you’re always late to work, she subtracts it. When ...

What is 80 E income tax?
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What is 80 E income tax?

Section 80E of the Income Tax Act, 1961 relates to deduction for the repayment of Interest on Education Loan. Education Loan should have been taken for th...