Get Income Certificate (Aavak No Dakhlo) Online
Get Income Certificate (Aavak No Dakhlo) Online
Income is the consumption and saving opportunity gained by
an entity within a specified timeframe, which is generally expressed in monetary
terms.
For households and individuals, "income is the sum of
all the wages, salaries, profits, interest payments, rents, and other forms of
earnings received in a given period of time." (also known as gross
income). Net income is defined as the gross income minus taxes and other
deductions (e.g., mandatory pension contributions), and is usually the basis to
calculate how much income tax is owed.
In the field of public economics, the concept may comprise
the accumulation of both monetary and non-monetary consumption ability, with
the former (monetary) being used as a proxy for total income.
For a firm, gross income can be defined as sum of all
revenue minus the cost of goods sold. Net income nets out expenses: net income
equals revenue minus cost of goods sold, expenses, depreciation, interest, and
taxes.
Income certificate is an essential document for obtaining
various government subsidies and schemes. The amount of income mentioned in an
income certificate is calculated based on the actual income of each family. The
Gujarat State Government has introduced an online application form to easily
obtain income certificate. In this article, we look at the procedure for
obtaining Gujarat income certificate.
Get Income Certificate (Aavak No Dakhlo) Online | Full
Procedure In Degital Gujarat Income Certificate:
Income Certificate:
Income certificate is mainly used for the following
purposes:
Helps to get special privileges from educational
institutions.
Backward classes make special reservations in college and
universities.
This certificate plays an important role to get credit from
government banks and various government schemes.
Old age pension, widow pension and agricultural worker
pension will be issued on the income basis.
Eligibility:
A person applying for income tax certificate should be a
resident of the State of Gujarat.
Required Documents:
The documents required to obtain Gujarat Income Certificate
are given below:
Address Proof (Anyone is mandatory):
- Ration Card
- Electricity bill
- Water bill (not older than three months)
- Gas connection
- Bank Passbook
- Post Office Account Statement / Passbook
- Driving License
- Government Photo ID cards / Service photo identity card issued by Public Sector Undertakings (PSU)
Identity Proof (Anyonee is mandatory):
- Election Card
- PAN Card
- Passport
Identity card issued by an approved educational institution.
Income Proof (Anyone is mandatory ):
- Employer Certificate (if employed with Govt, Semi Govt or any Govt-undertaking)
- If salaried (Form 16-A and ITR for last three years)
- If in business (ITR of Business for last 3 years and Balance Sheet of Business)
- Declaration before Talati (Service Related)
