INCOME TAX

Working from home? Your income tax liability may go up

Why these small tax payers get IT notices?

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

Who is required to file an Income Tax return in India?

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

What is the exemption limit for Transport allowance, Conveyance allowance, etc.?

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

What is Deferred Tax Liabilities (DTL)?

What is capital gain and how capital gain tax has arrived?

What happens to your tax liability when you opt for new tax regime?

What does Salary include?

What are the tax benefits under NPS?

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

Union Budget 2020: FM rejigs income tax slabs, some relief for real estate, rural and agriculture sectors

These things you need to know that you are eligible for tax benefits outside section 80C

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

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

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

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

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

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

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

Tax liability on interest and other income of a minor

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

Tax Benefits available on Children Education Allowance, Hostel allowance, Tuition fees

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

Perquisite value of motor car expenses paid/reimbursed by employer

Only start-ups with turnover up to Rs.25 crore are eligible for tax holiday

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

Now your health insurance premium of over Rs.20000 is under income tax lens: Check other changes

Now PAN will be generated automatically using your Aadhar number

No TDS on Interest up to Rs.50000/- in case of Senior Citizens

New income tax rules from Sept.2019 that may impact your TDS outgo

Method of Tax Collection at source is now modified by the Income Tax department

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

List of employee benefits not included under the head of Salaries for the tax treatment

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

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

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

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

Income tax department has now rolled out new functionality in AIS

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

Income Tax deduction and rebate available on Housing Loan