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Income tax

PPF account holders alert! Top 5 changes in Public Provident Fund rule that you must know

PPF account holders alert! Top 5 changes in Public Provident Fund rule that you must know

Sat, Feb 22, 2020

PPF Account: In case of a change in one's residential address, premature PPF account closure is allowed but not before five years of the PPF account.

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Home Loan Calculator: Four benefits that you would miss in new income tax slabs

Home Loan Calculator: Four benefits that you would miss in new income tax slabs

Sat, Feb 22, 2020

Home Loan Calculator: A home loan borrower in income tax slabs 2019-20 can claim tax rebate available under Section 80C, Section 24b and Section 80EEA.

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Income Tax Slabs for AY20-21: Which ITR option is better for you; here is what experts' say

Income Tax Slabs for AY20-21: Which ITR option is better for you; here is what experts' say

Sat, Feb 22, 2020

Income Tax Slabs for FY2019-20: One should use a new income tax calculator and then decide which option is better suited for them.

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New Income Tax Slabs: Good News for those on rent! This tax exemption can still be claimed

New Income Tax Slabs: Good News for those on rent! This tax exemption can still be claimed

Wed, Feb 19, 2020

New income tax slabs 2020 allows a taxpayer to claim the standard deduction on house rent being paid in the assessment year, says Money Bill 2020.

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Income Tax Alert: This NPS tax benefit can still be claimed under income tax slabs 2020

Income Tax Alert: This NPS tax benefit can still be claimed under income tax slabs 2020

Tue, Feb 18, 2020

Income Tax Slabs: If a taxpayer chooses the new income tax slab 2020, one can claim the income tax benefit under Section 80CCD(2).

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SBI Tax Savings Scheme: 80C Income Tax benefit! Check features, eligibility and more

SBI Tax Savings Scheme: 80C Income Tax benefit! Check features, eligibility and more

Tue, Feb 18, 2020

SBI Tax Savings Scheme offers tax benefits under section 80C of Income Tax Act, 1961.

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PAN-Aadhaar link: Your PAN card can become inoperative after March 31 - Do this now!

PAN-Aadhaar link: Your PAN card can become inoperative after March 31 - Do this now!

Mon, Feb 17, 2020

New income tax notification: Your PAN card can become inoperative if you have failed to link it with your Aadhaar card, the income tax department has said in a new notification. 

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Use form 15g/15h for PF withdrawal, save TDS deduction; here is how

Use form 15g/15h for PF withdrawal, save TDS deduction; here is how

Sat, Feb 15, 2020

Form 15g/15h for PF withdrawal works like a declaration that one is having an annual income of less than Rs 2.5 lakh.

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New income tax slab 2020-21: Use your income tax calculator while income tax e-filing

New income tax slab 2020-21: Use your income tax calculator while income tax e-filing

Sat, Feb 15, 2020

New income tax slab 2020-21: A taxpayer earning Rs 15 lakh per annum, old income tax slab is better, says tax and investment experts.

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ITR alert! Income Tax Return last date extended for these taxpayers

ITR alert! Income Tax Return last date extended for these taxpayers

Fri, Feb 14, 2020

ITR or Income Tax Return filing 2020 last date for certain taxpayers has been extended by the Income Tax Department from 30th September 2020 to 31st October 2020.

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IMPORTANT! CBDT clarification against Income Tax misinformation - Top things to know

IMPORTANT! CBDT clarification against Income Tax misinformation - Top things to know

Thu, Feb 13, 2020

The Income Tax department through its Twitter handle @IncomeTaxIndia has posted about a  clarification issued by CBDT with respect to certain misinformation which is being circulated in social media pertaining to individual tax filers. 

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ELSS vs PPF vs small savings schemes: Get 50 pct more money from this scheme, save Income Tax too

ELSS vs PPF vs small savings schemes: Get 50 pct more money from this scheme, save Income Tax too

Thu, Feb 13, 2020

ELSS funds give at least 12 per cent returns in the long-term, which is almost 50 per cent higher than any other small savings schemes and you also save tax.

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Income Tax Calculator: NPS scheme can help you save income tax up to Rs 2 lakh; here is how

Income Tax Calculator: NPS scheme can help you save income tax up to Rs 2 lakh; here is how

Thu, Feb 13, 2020

Income Tax Calculator: Section 80C allows up to Rs 1.5 lakh income tax exemption in a financial year. If an income tax payer includes Section 80CCD (1B), this annual limit can be raised up to Rs 2 lakh.

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New Income Tax Calculator FY 2020-21: Want to save more money? Compare - New Slabs Regime vs Existing Slabs Regime

New Income Tax Calculator FY 2020-21: Want to save more money? Compare - New Slabs Regime vs Existing Slabs Regime

Wed, Feb 12, 2020

STEPS TO CALCULATE INCOME TAX: New Regime vs Existing Regime - Tax Calculator for Resident Individuals FY 2020-21

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Income Tax: Here are all deductions you can still claim under new regime

Income Tax: Here are all deductions you can still claim under new regime

Tue, Feb 11, 2020

Income Tax: Finance Minister Nirmala Sitharaman on Saturday (February 1) announced a new tax regime which aims to simplify the tax filing process for the salaried calls. 

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Income tax dept launches e-calculator to compare due tax

Income tax dept launches e-calculator to compare due tax

Mon, Feb 10, 2020

The Income-Tax Department has launched an e-calculator for individuals to estimate their tax liability if they opt for the new tax slabs, without claiming deductions and exemptions, for ITR filing as announced in the recent Budget

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PAN card holders alert! Over 17 cr PAN cards can become inoperative after this date

PAN card holders alert! Over 17 cr PAN cards can become inoperative after this date

Mon, Feb 10, 2020

​Over 17 crore PAN cards across the country can become inoperative, if the card holders don't pay attention to an official note.

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Income Tax Calculator: Section 80D allows you this much of tax deduction; check experts' opinion

Income Tax Calculator: Section 80D allows you this much of tax deduction; check experts' opinion

Sat, Feb 08, 2020

Section 80D of Income Tax Act allows a taxpayer can claim up to Rs 50,000 tax deduction in a particular financial year.

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Mutual Fund investors alert! CBDT circular clarifies how TDS will be applied on dividend after DDT removal

Mutual Fund investors alert! CBDT circular clarifies how TDS will be applied on dividend after DDT removal

Fri, Feb 07, 2020

Mutual Funds: Queries have been received that whether under the proposed section 194K, the Mutual Fund would be required to deduct TDS also on the capital gains.

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Income Tax calculator: Confused between new and old tax slabs regime? Use this tool by government

Income Tax calculator: Confused between new and old tax slabs regime? Use this tool by government

Fri, Feb 07, 2020

Income Tax calculator: Ever since Finance Minister Nirmala Sitharaman announced new income tax slabs in Budget 2020 speech, there has been a lot of confusion around it. 

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