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Income Tax Calculator
This is an income tax calculator to calculate income tax returns filing for the current year. You can use this free income tax calculator to figure out your income tax.
'How to file income tax' is on everyone's mind and we bring you a simple income tax calculator to figure out how much income tax you have to file during your income tax returns filing for the current assessment year.
This income tax calculator also provides latest income tax slabs based on your income and takes into account your various incomes and deductions that are available to you in Income tax Act. Income Tax has to be filed by every individual who earns more than Rs 2.5 lakh in an assessment year. You will need your Form 16 from your company in order to file your Income Tax Returns. One can fill Income Tax online.
Income Tax
Advance Corporate tax collection rose by 45% YoY basis, net collection grow by 52%
Thu, Jun 16, 2022
Net tax collections for the first quarter of the fiscal year that started on April 1, 2022, have soared to 52 percent following a strong uptick in collections. Advance tax collection including corporate and individuals increased by approximately 49 percent in comparison of last year in same quarter
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Axis Mutual Fund Case: Income Tax Will Investigate Property, Tax Filing Of Accused Fund Manager
Wed, May 25, 2022
Income Tax is now engaged in the investigation of the alleged front running case in Axis Mutual Fund. The IT department is probing the assets and tax filings of the accused fund managers. It is being told that the accused fund managers have not given the property information in the tax filing. Watch this special report of Zee Business Tarun Sharma.
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Budget 2022: Finance Ministry to clarify doubts on applicability of TDS on perks received in business, profession; new rule effective from 1 July
Wed, May 18, 2022
The Indian Ministry of Finance will clarify doubts on the applicability of new tax deducted at source (TDS) provision regarding benefits or perquisites received in a business or profession, a PTI report said on Wednesday quoting a senior tax official
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What is Hindu Undivided Family (HUF) and its tax benefits?
Tue, Apr 19, 2022
Forming an HUF can provide you a lot of tax benefits when it comes to tax assessments. But what exactly is Hindu Undivided Family (HUF) and what are the tax benefits associated with it? Here is all you need to know...
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Did you know that your PAN is NOT a randomly generated number? Here's what each character of PAN denotes
Wed, Mar 23, 2022
Did you know that your PAN is not a randomly generated number? Here is how your Permanent Account Number is created and the meaning behind each and every character. Watch the video for more.
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Reforms in I-T dept, 'strengthening' of economy led to record tax collections: CBDT chairman JB Mohapatra
Sat, Mar 19, 2022
He said apprehensions about the state of the economy, battered by the COVID-19 spread, were belied as it "did so well and the corporates came out so well (in paying taxes)" during the current financial year 2021-22.
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Lagnam Spintex deposits MAT of Rs 7.05 cr
Thu, Mar 17, 2022
India's collection from tax on personal and corporate income jumped over 48 per cent in the current fiscal after a 41 per cent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections.
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Wealth Guide: Income Tax - These insurance policies can help in saving taxes
Wed, Mar 16, 2022
Most people are unaware of the fact that insurance policies can also help in saving taxes. Moreover, with the rising healthcare cost, everyone requires sufficient insurance cover or medical coverage.
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Invest In These Tax-Saving Schemes Before March 31 To Save Tax
Wed, Mar 09, 2022
The last date for filing Income Tax Return is just around the corner. However, you can still invest in some financial instruments that will help you save tax. You can invest in these tax-saving schemes before March 31, 2022.
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Wealth Guide: Women Investors planning your taxes! 4 tips you must keep in mind
Tue, Mar 08, 2022
A Smart woman always takes a smart step, especially when it is about investment. They spend well on certain things and ignore the unnecessary things. Presently, the attitude of women investors is truly aligned with the male investors in the country, Amit Gupta, Managing Director at SAG Infotech said
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