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                                                                   Zoho Office Suite 16 languages Article Talk Read Edit View history Tools From Wikipedia, the free encyclopedia Zoho Office Suite Developer(s) Zoho Corporation Type Online office suite License proprietary Website zoho .com Zoho Office Suite  is an Indian   web-based   online office suite   containing   word processing ,   spreadsheets , presentations,   databases , note-taking,   wikis , web conferencing,   customer relationship management   (CRM), [1]   project management , [1]   invoicing and other applications. It is developed by   Zoho Corporation . [2] [3]  company

  Income Tax is a direct tax that is levied on any individual’s or entity’s income during a financial year. It is directly paid to the government, like all the other direct taxes. Provisions in the Income Tax Act 1961 also provide for various Exemptions and Deductions under specified sections. Deductions can be claimed against Investments, Allowances, etc., which can reduce the taxable amount of an individual. Income Tax Exemptions of Allowances: 1. Exemption on House Rent Allowance (HRA) Expenses incurred by employees on staying in rented accommodations can be claimed for deduction under the old tax regime. However, the whole amount of HRA can not be claimed for deduction. The amount for which deduction can be claimed is the  least  of the following: Total HRA paid/received by an employee Actual rent paid less 10% of basic salary 50% of the salary for metro cities and 40% of the salary for non-metro cities Any amount exceeding the limit will be taxable at the prescribed ...