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Money Guru: Know What is TDS & Why TDS deducts from salary
Tue, May 21, 2019
In this segment of Money Guru, Know What is TDS & Why TDS deducts from salary.
Insurance: Get income tax return benefit only if premium is paid for immediate family
Tue, Aug 07, 2018
While it is not mandatory for you to take life insurance policy along with a home loan, it is advisable to do so. The existing life insurance policies that you have are meant to be the source of financial income for your family in case something untowardly were to happen to you.
Jaitley’s MSME sops to benefit only few
Fri, Feb 02, 2018
Union Minister for Finance and Corporate Affairs Arun Jaitley has proposed a reduced rate of 25% to companies that have reported turnover up to Rs 250 crores in the financial year 2016-17.
You don't need to share your Aadhaar number with anyone: Official
Fri, Jan 12, 2018
UIDAI announced the creation of a "virtual ID" which can be used in lieu of the 12-digit Aadhaar number at the time of authentication of any services.
Nearly 37 lakh GSTR-3B filed so far
Fri, Oct 20, 2017
Nearly 37 lakh GST returns for September have been filed till 1900 hours and 75,000 sales data is being uploaded on the GSTN portal on hourly basis, its Chairman Ajay Bhushan Pandey said today.
Two lakh companies struck off, bank accounts inoperable: Govt
Tue, Sep 05, 2017
The government said that since such ‘Struck off`’ companies have ceased to exist, action has been initiated to restrict the operation of bank accounts of such companies.
Aadhaar-PAN linking must from July 1, govt notifies rules
Wed, Jun 28, 2017
The government has made it mandatory to link existing Aadhaar numbers with PAN of taxpayers with effect from July 1.
Not only small retailers, even for large ones GST is a big difference: Kumar Rajagopalan, RAI
Mon, Jun 19, 2017
Income Tax: Here's how you can save Rs 46,000 more tax on your income
Wed, Mar 15, 2017
But one should know that the only investments made in the period April 1, 2016 to March 31, 2017 can be claimed as deduction from the total income.
Income Tax Department in process of developing app to pay income taxes, apply for PAN cards
Wed, Feb 15, 2017
The Income Tax Department of India will soon launch an app which will help people to pay their taxes, apply for PAN cards or track tax returns.
Tax officers to file self-appraisal report on e-assessment
Sun, Feb 12, 2017
The assessment proceedings in all cases selected under scrutiny have to be conducted through email based communications unless the taxpayer concerned desires to opt out of the paperless assessment scheme.
Tax Dept asks taxpayers to e-verify deposits post note ban
Thu, Feb 02, 2017
As the Income Tax Department uses Big Data to catch evaders, it is asking taxpayers to verify online the deposits they made in their accounts post demonetisation and respond to queries of any mismatch.
24 lakh people have income above Rs 10 lakh but 25 lakh cars bought every year
Tue, Dec 27, 2016
The tax returns when compared with car sales throw astonishing numbers.
CBDT extends date for filing tax returns under IDS to Oct 17
Fri, Sep 09, 2016
In a move to remove inconvenience and facilitate smooth process of filing tax returns under the Income Declaration Scheme (IDS), the Central Board of Direct Taxes (CBDT) has extended the date for taxpayers to October 17, Zee Business news channel reported on Friday.