Income tax
Income Tax alert! Money saving opportunity is here - Important notification by CBDT
Sun, May 31, 2020
The Income Tax department has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the COVID-19 outbreak.
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How to apply for instant PAN card online - Very simple! Just follow these steps
Sun, May 31, 2020
In line with the announcement made in the Union Budget, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman formally launched the facility for instant allotment of PAN (on near to real time basis) in New Delhi on 28th May.
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Instant PAN facility through Aadhaar based e-KYC launched! Another digital breakthrough by Modi government
Thu, May 28, 2020
The launch of the Instant PAN facility is yet another step by the Income Tax Department towards Digital India, thereby creating further ease of compliance to the taxpayers.
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Income Tax Calculator: Know your tax liability for better financial planning
Fri, May 22, 2020
Income Tax Calculator: Knowing your assets and liabilities is the first step towards a sound financial planning. Income tax outgo is one such liability which is very essential to plan your financial goals
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Did soaring Gold price get you to invest to make money? Know these income tax rules
Thu, May 21, 2020
Gold price has been making new high during the Coronavirus crisis and the recent high on MCX is 47,929 per 10 gm and experts are of the opinion that it may further scale up to Rs 51,000 per 10 gm.
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Salaried employees! Know these important income tax filing rules
Tue, May 19, 2020
Since the government has extended the income tax return (ITR) filing deadline for FY 2019-20 to 30 November, 2020 from 31 July, 2020 there is a lot of time left for you to file your returns. However, there are some important facts that you should know while filing your tax returns to avoid any problems later
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Salaried person? Have PF account? Paying income tax? New announcements by Modi government
Wed, May 13, 2020
Union Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur on Wednesday addressed a press conference to give details of the Rs 20 lakh cr relief package amount announced by PM Narendra Modi in his address to the nation on Tuesday night.
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Income Tax deadline ALERT: FM Nirmala Sitharaman extends ITR filing, Vivad Se Viswas last dates
Wed, May 13, 2020
Income Tax deadline Alert: Giving relief to the income tax payers amid Coronavirus lockdown, Finance Minister Nirmala Sithaman has extended the deadline for Income Tax Return (ITR) filing from 30th June 2020 to 30th November 2020.
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Made mistake while filing income tax returns? This is what you can do
Mon, May 04, 2020
Filing income tax returns is the most difficult job ever, especially if you are the kind that likes to delay it to the last moment! Then there are those who do it every year yet cannot remember the process. The confusion can often lead to mistakes while filing income tax.
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Income tax calculator: Old tax slabs or new ones in times of Coronavirus? Just do it this way
Mon, May 04, 2020
Government has introduced a new optional personal income tax regime for individual / HUF taxpayers through the Finance Act, 2020 . Such personal tax regime has been incorporated in the Income Tax Act, 1961 by way of section 115BAC applicable from financial year 2020-21.
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Income Tax payers alert! Waiting for refund? Must not ignore this warning from I-T department
Sun, May 03, 2020
On April 8, the finance ministry said it will fast-track issuance of pending income tax refunds up to Rs 5 lakh which will benefit around 14 lakh taxpayers, to provide relief to individuals and businesses hit by the COVID-19 outbreak.
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