Income Tax Regime - FM Nirmala Sitaraman in her budget has introduced a new taxation regime under personal taxation. Instead of giving relief to all the Individual & HUF by increasing the tax slabs directly
Loans not only serve as an ideal option to arrange for funds in times of financial need, but may also have some tax benefits associated with them. In the following sections we will discuss how you can save tax when repaying 3 most common loans availed in India - home loan, personal loan taken for the purpose home renovation and education loan.
Income Tax Appellate Tribunal's Powers to Rectify its order U/S 254 (2) of the Act
As we know when we need for PAN, we apply for it through UTI / NSDL or any other media. But recently on 13th Feb. 2020, the Income Tax department brings a facility for Instant PAN allotment in near to real-time which is available free of cost.
1. Before 2016, the turnover limit for sec 44AB and Sec 44AD were identical. Thereafter, in Budget 2016, the turnover limit for Sec 44AD has been raised to INR ..
If you are planning a foreign tour this year, you can do that before April 1 to avoid paying an additional 5%/10% as TCS as Budget 2020 proposed by Finance Mini..
The Direct Tax Vivad Se Vishwas Bill, 2020 (Amended)
TCS on foreign travel, tours packages, remittance rules 2020
Liability of directors of private company in liquidation for payment of tax dues
ITR - How to file ITR - A complete step by step guide on how to e-file Income Tax Return on the New Income Tax Portal. Know all about ITR filing.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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