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Showing posts from February, 2023

Process of Calculating Income Tax on Salary

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Income tax is the tax that you pay on your earnings. Income tax is payable to everyone who spent at least sixty days in India during the previous tax year and at least 365 days in the previous four years. How to Calculate Income Tax on Salary Before calculating your taxable salary income, it is critical to obtain all the information needed to prepare your Income Tax Return . You must next determine your entire taxable income, followed by the final tax refundable or payable.  To compute the final tax, utilise the relevant tax rates before deducting taxes previously paid via advance tax or TCS/TDS from the tax amount payable. Individuals can draw income from five sources under income tax regulations: salary, business or property revenue, capital gains, house property income, and income from other sources.  Each individual's income must fall into one of the aforementioned categories. Procedure for Calculating Income Tax on Salary Gather your pay slips and Form 16 for the current ...

Know in Details About Copyright Issues in Cyberspace

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Copyright disputes are getting worse online and could eventually harm someone's or a company's intellectual property. Check out this blog to learn more. Those who own published works are protected by doing copyright registration. At the same time, copyright covers a wide range of creative works. Entrepreneurs can set up licensing agreements with other creators or register their rights to sell their works in other ways. What kinds of digital technology could have effects on copyright? Copyright law is becoming increasingly complex as a result of digital data storage and delivery methods. Some of the components of these technologies that are significant to copyright law are as follows: Easy dissemination The increase in global digital connectivity has made it possible for digital inventions to be distributed quickly and widely. Information can reach a large number of individuals thanks to digital links like social media platforms (However, with broadcasting, digital content can r...