Wed, Apr 17, 2024
Income tax: As per CA Ruchika Bhagat, MD, Neeraj Bhagat & Co., choosing the right tax regime from the old tax regime and the new tax regime can help taxpayers save more tax.
More >
Fri, Apr 12, 2024
The Income Tax department has introduced an interim action plan for the fiscal year 2024-25, emphasising key focus areas such as identifying cases of TDS short-payment and expediting appeals processing.
Wed, Apr 10, 2024
Income Tax Return Filing EXCLUSIVE: The IT department plans to finish all pending refund cases by April 30th.
Thu, Jun 27, 2019
Income Tax Return (ITR) is needed to be filed by every person who is earning and falls under taxable income bracket.
Union Finance Ministry has taken a path-breaking decision by expanding the scope of direct tax task force.
If you are in the habit of paying your income tax at the last minute, then you might not want to miss out on the latest alert in order to ensure seamless ITR filing.
Among major allowances for central government employees are HRA and dearness and they should know that the deadline is looming large now.
Wed, Jun 26, 2019
Every year before July end, a taxpayer must communicate all her or his income earned from salary and other sources in a financial year to the I-T department.
Tue, Jun 25, 2019
Nirmala Sitharaman said, "A total of 7.19 crore income tax returns (ITRs) have been processed in 2018-19. The total amount of refund released in 2018-19 is Rs 1,61,457.6 crore".
Thu, Jun 20, 2019
Every day is not a positive one as far as equities and mutual funds investors are concerned. Chances of capital losses very much exist.
Wed, Jun 19, 2019
Tue, Jun 18, 2019
In this episode of Money Guru, you will get to know about income tax on Mutual Funds. Since Income Tax return filing season is here, hence the details given in this episode of Money Guru will be of great help to you in ITR filing. WATCH!
Mon, Jun 10, 2019
To update mobile number in Aadhaar, you will have to visit permanent enrollment centre meant for this 12-digit biometric.
Wed, Jun 05, 2019
The Income Tax department does allow reliefs to salaried individuals who are paying tuition fees for their children.
ITR7 is meant for persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F).
Tue, Jun 04, 2019
One of the major errors can be in your PAN card when you cannot view your credit statement due to few mistakes that were made during income tax returns filing.
Mon, Jun 03, 2019
The system and tax formulation is different when it comes to winning money from lotteries, races, bets etc.
According to the Income-Tax department, a senior citizen is defined as someone whose age is 60 years but less than 80 years during the respective year.
Sat, Jun 01, 2019
Earlier ITR-1 form asked for an aggregate amount of 'Income from other sources', but in this year's revised ITR-1 a provision has been introduced to put detailed break-up of incomes including 'Income from other sources'.
Fri, May 31, 2019
Gifts in form of either cash, cheque, draft, etc. they all are taxable. However, not all have to pay taxes even if they have received over Rs 50,000 cash gift.
Tue, May 28, 2019
Form ITR5 is for taxpayers other than individuals, Hindu Undivided Family, companies and persons filing Form ITR-7.
Mon, May 27, 2019
An individual or company is needed to communicate their incomes and gains in a statement to the department.ze
Sat, May 25, 2019
Several steps have been taken to lighten the burden on the victims of Fani
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.