As the jewellery has been held for more than three years, this will be long-term capital gains so the sale…
The ITRs of AY 2019-20 can be submitted up to March 31, 2020, and hence this number is expected to…
If your annual income is less than Rs 20 lakh and your total tax deductions constitute 20% of your gross…
If you haven’t been able to submit any investment proof to your employer, you may claim it while filing the…
Even as many companies have set their record dates for dividend announcement, as many as 203 companies have already declared…
Good planning enables one to meet various challenges at different stages in life and also maximise growth of funds and…
The e-commerce entities have said they need time to upgrade IT systems in order to enable them to collect the…
TDS (Tax Deducted at Source on Perquisites) paid by the employer for AY 2020-21: Employers responsible for paying any income…
While most tax-saving investments such as PPF, life insurance plans etc will no longer be available to the taxpayers opting…
New Income Tax Regime vs Old Tax Regime: Wondering how much income tax you will have to pay if you…
Under the eligibility head, the department said appeals and writs filed on or before January 31 this year will be…
There are many tax-saving investment options – from PPF to tax-saving bank FDs – for a salaried individual. Here we…
The new scheme of giving up tax sops on lower tax rates discourages taxpayers from buying a house with loan,…
Will companies give employees the option to choose between two salary structures based on a new income tax regime versus…
With the Modi government’s recent move aimed at removing Income Tax deductions and exemptions gradually, many people — particularly the…
To avail additional tax benefits up to Rs 50,000 on voluntary contribution to NPS Tier 1 Account – over and…
New Income Tax Regime Deduction under Section 80 JJAA: The total amount of deduction available to an assessee under Section…
The EPF balance may still remain tax-free in the hands of the employee even if the service is less than…