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Centre eyes NEW revenue stream to add to GST collection! Looks to raise as much as Rs 46K cr

Centre eyes NEW revenue stream to add to GST collection! Looks to raise as much as Rs 46K cr

Wed, Feb 12, 2020

As per the letter, the Principal ADG (systems) on Feb 1, 2020 generated and shared the GSTIN wise list of the registered persons who have not discharged the due interest liability while filing their GSTR 3B returns belatedly. On perusal of said report, it was observed that the interest amounting to Rs 45,996 crores remains unpaid to the government on account of delayed payment of tax.

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19% increment in the 'Crorepati' taxpayers, IT issues the first list after demonetisation

19% increment in the 'Crorepati' taxpayers, IT issues the first list after demonetisation

Sun, Oct 13, 2019

19% increment in the 'Crorepati' taxpayers, IT issues the first list after demonetisation. Watch this video to know more in detail.

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Money Guru: Indian Govt notified the 'e-assessment scheme 2019.' Let's know about it

Money Guru: Indian Govt notified the 'e-assessment scheme 2019.' Let's know about it

Tue, Sep 17, 2019

Watch in today's Money Guru: Indian Govt notified the 'e-assessment scheme 2019.' It's a gift for taxpayers. Let's know about it.

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Income Tax Reforms: 'Acche Din' coming for individual taxpayers?

Income Tax Reforms: 'Acche Din' coming for individual taxpayers?

Tue, Aug 20, 2019

Taxpayers earning up to Rs 45-55 lakh per year may end up with a major tax relief. Watch this video to know more.

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Income Tax Return (ITR) filing deadline: Less than 2 weeks left! Do you know these changes in ITR1 SAHAJ form?

Income Tax Return (ITR) filing deadline: Less than 2 weeks left! Do you know these changes in ITR1 SAHAJ form?

Sun, Jul 21, 2019

Different forms of returns of income are prescribed for filing of returns for different Status and Nature of income. 

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Know the biggest hits of Budget 2019 that will impact you; all you want to know in brief

Know the biggest hits of Budget 2019 that will impact you; all you want to know in brief

Mon, Jul 08, 2019

The FM already believes that, India will become a $3 trillion economy by end of this current fiscal.

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Taxpayers Alert! ITR filing, TDS certificate and much more; Forget these July deadlines at your cost

Taxpayers Alert! ITR filing, TDS certificate and much more; Forget these July deadlines at your cost

Tue, Jul 02, 2019

With July 2019 kicking in, it will be a very busy month for Income-Tax return (ITR) filers and other taxpayers either, be it individuals or corporates. 

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Filing your Income Tax Return (ITR)? Ensure you do not make these 6 mistakes; check this example

Filing your Income Tax Return (ITR)? Ensure you do not make these 6 mistakes; check this example

Fri, Jun 28, 2019

If original income tax return has been filed in paper format or manually, then technically it cannot be revised by online mode or electronically.   

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Income Tax Return (ITR) filing: Availed loss on selling equities, mutual funds? Here’s how you can set them off in your tax return

Income Tax Return (ITR) filing: Availed loss on selling equities, mutual funds? Here’s how you can set them off in your tax return

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.  

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GST 2.0: Here's how return filing will change from July 2019 - Taxpayers take note, good news is near

GST 2.0: Here's how return filing will change from July 2019 - Taxpayers take note, good news is near

Tue, Jun 18, 2019

A trial is set to start for new GST return-filing from July 2019 onward, and will be implemented in a phased manner from October 2019. 

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World Food Safety Day: Get income tax exemption on your meals, beverages, even tea in office! Here's how

World Food Safety Day: Get income tax exemption on your meals, beverages, even tea in office! Here's how

Fri, Jun 07, 2019

Honestly, not many are aware, but the Income Tax Department does give tax exemption on the meals in your office.

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Income Tax Return (ITR) filing: IT-dept allows filing of ITR7 form - Do you need it?

Income Tax Return (ITR) filing: IT-dept allows filing of ITR7 form - Do you need it?

Wed, Jun 05, 2019

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). 

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Your petrol, diesel expenses can help you save tax in just few clicks: Here's how

Your petrol, diesel expenses can help you save tax in just few clicks: Here's how

Wed, May 29, 2019

Either be fuel allowance, car allowance, fuel expense reimbursements, fuel benefits they all have some sort of tax benefits.

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Income Tax Return (ITR) filing Alert! I-T dept opens window to file Form ITR5 - keep this checklist in mind

Income Tax Return (ITR) filing Alert! I-T dept opens window to file Form ITR5 - keep this checklist in mind

Tue, May 28, 2019

Form ITR5 is for taxpayers other than individuals, Hindu Undivided Family, companies and persons filing Form ITR-7. 

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Income tax commissioner can't take action against Taxpayers

Income tax commissioner can't take action against Taxpayers

Tue, Apr 23, 2019

Now income tax commissioner cant take action against Taxpayers for promotion. How ? Watch the report

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Money Guru: Know about new ITR form

Money Guru: Know about new ITR form

Tue, Apr 23, 2019

The new income tax return (ITR) forms for the assessment year 2019-20 come with a set of changes—essentially more detailed disclosures for taxpayers to contend with.

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Money Guru: All you need to know about tax planning and LTCG

Money Guru: All you need to know about tax planning and LTCG

Tue, Apr 02, 2019

Watch this video to know about tax planning and LTCG.

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Aapki Khabar Aapka Fayda: All you need to know about Project Insight- a tax tracker

Aapki Khabar Aapka Fayda: All you need to know about Project Insight- a tax tracker

Tue, Mar 26, 2019

All you need to know about Project Insight- a tax tracker. Watch this video to know more.

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Don't let this Income Tax return (ITR) filing season hit you where it hurts; 4 changes you must know

Don't let this Income Tax return (ITR) filing season hit you where it hurts; 4 changes you must know

Tue, Mar 26, 2019

Income Tax return (ITR) filing: The fiscal is set to end and a new one starts on April 1, 2019. Taxpayers cannot invest after 31st March, 2019. In fact, only one week left for investments to be by salaried employees under Section 80C, Section 80D. So, if you do not want to lose money, start investing now! Also, do not forget to keep your investment detail receipts safe.

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Budget 2019: Experts welcome tax relief; expect demand of TVs, beverages, washing machines, ACs to rise

Budget 2019: Experts welcome tax relief; expect demand of TVs, beverages, washing machines, ACs to rise

Mon, Feb 04, 2019

Considering the tax reliefs given to middle class salaried employees, consumer companies now believe that there will be massive rise in their products ahead. 

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