Income Tax Return
Income tax return: This is how tax is calculated on returns from mutual fund SWP
Wed, May 22, 2019
While Systematic Investment Plans (SIPs) are being used by investors to build a corpus in a planned manner, Systematic Withdrawal Plans or SWPs can be used to redeem their investment from a mutual fund scheme in a phased manner. It allows you to withdraw money in installments, unlike the lumpsum withdrawals.
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Income Tax return filing: Here are all the changes in ITR form for FY 2019-20
Tue, May 21, 2019
Income Tax return filing: You have two months left to file income tax returns for FY 2019-20. This means it is important to keep a tab on your investments and be aware of all the changes made by the Income Tax department recently.
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NRI Income Tax: Moved out of India for job? Check if you will have to pay taxes
Tue, May 14, 2019
Section NRI Taxation under the Indian Income Tax Act, 1961, applies to individuals earning outside India. The income tax rules and perks to them are different from those applicable to Indian residents.
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ITR filing benefits: Five big benefits of Income Tax Return filing on time explained
Sun, Apr 28, 2019
In case your annual income is less than this limit, you can still avail several benefits by filing the income tax return (ITR). Job holders and small businessmen need to file ITR, even when their annual income is less than Rs 2.5 lakh, to avail a bank loan.
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Did you get Income Tax demand notice of Re 1 to Rs 99? No need to panic, here is what you must know
Fri, Apr 26, 2019
Demand notices arrive at the end of Income Tax Return (ITR) filing, where you have communicated your income and income from other sources to Income Tax Department in ITR forms, followed by a final procedure for verification.
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New ITR Forms: No more 'Sahaj' but Income Tax Return filers to enjoy this benefit in AY 2019-20
Sun, Apr 14, 2019
Income Tax Department has introduced some changes to the seven categories of ITR forms. ITR Form-1 is also included in this change. Earlier, the employees only used to show their salary break-up in ITR but now he/she will have to provide details of total income in different parts.
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