Education has long been recognized as the foundation for personal growth, skill development, and socio-economic advancement. In India, scholarships are one of the most important […]
Scholarships
Taxability of Scholarship Income under Section 10(16) of the Income-tax Act
Scholarships play a vital role in ensuring access to education for students across different levels of learning. They provide financial support for tuition fees, accommodation, […]
Scholarships and Stipends: A Complete Guide to Reporting Taxable Income
Understanding how scholarships and stipends are taxed is essential, especially for international students and J-1 visa holders. Correctly reporting these types of income helps ensure […]