INCOME TAX

Income Tax slabs for FY 2024-25: Tax deductions and rebates explained

Know TDS for Cash deposit, withdrawal and other cash transaction limits

Income tax department has now rolled out new functionality in AIS

How to claim tax relief on salary arrears received by you?

‘AIS for taxpayers’ app launched for all your tax related needs

Old or new income tax regime?: Easy solution to choose the better for FY 2023-24:

Tax deduction benefits on the entertainment allowance, and employment/professional tax

What is the exact provision of section 87A of the Income Tax Act?

Why these small tax payers get IT notices?

Do you know the benefits that are lost for not filing ITR before the expiry of deadline?

Why India’s GST tax system is considered regressive compare to tax system of other countries?

Income Tax slabs and tax rates for FY 2022-23 both under old and new rules

If you have not yet linked PAN-Aadhaar this is the news for you

Do you know this? It is mandatory for these people to file ITR even if their gross total income does not exceed the basic exemption limit

Which tax system is regressive: Direct tax or Indirect tax?

The due date for filing income tax returns for AY 2021-22 and also for the report of audits extended

Do you know, these taxpayers don’t have to pay a late fee for missing ITR deadlines?

View AIS- ‘Annual Information Statement’ of the income tax dept. before finalizing your tax liability

GIFT TAX Rules: Find out who needs to pay tax on gifts received

Global pact on minimum tax deal agreed as Nations back 15% rate

The deadline for filing IT returns and Audit reports for AY 2021-22 are further extended

Tax on Contribution to PF and interest exceeding the taxable threshold will not be retrospective: CBDT

Tax savings u/s 80G: Some time your tax benefit can be more than money donated

CBDT introduces two new sections206A &206CCA to identify non-filers of income tax.

List of incomes that are exempted from income tax under the new tax regime

Do you know entire donations to political parties can be claimed as a tax deduction?

Beware! your PAN card may become inoperative if not linked to Aadhar by June 30

How to download an instant e-PAN card from Incometax Portal?

Deadline for filing Income tax return for individuals extended upto 30th September

Budget 2021 Updates

Calculation of Income or loss from House Property

Income Tax deduction and rebate available on Housing Loan

Income Tax 2020-21: Catalog of deductions excluded in new tax regime under Section 115BAC

Taxability of various components of salary and perquisite benefits under finance Act 2020

What does Salary include?

Income Tax treatment in case of salaried person who are provided with medical benefit

Income Tax Benefit on LTA/LTC under section 10(5)

Do you know these incomes are fully exempt from Income tax

How to calculate tax relief on salary arrears under Section 89(1)?

The taxable value of perquisite in respect of “sweat equity shares” or ESOP

Incometax calculation for Concessional or interest-free loans given by an employer

Perquisite value of motor car expenses paid/reimbursed by employer

Tax benefit for working in a hilly area, tribal area, border area, and disturbed areas