Filing ITR on time is beneficial in many ways while keeping you tax-compliant. Here’s all you need to know.
Finance Minister Nirmala Sitharaman will present her maiden Union Budget 2019 on July 5, 2019. It remains to be seen…
People often make a mistake by putting money in low-return, but tax-saving instruments without evaluating its impact on their financial…
As loan eligibility depends on annual income of a person or joint income of persons, in case of joint purchase,…
Just like qualifying investments and insurance products, certain loan products too can bring down your overall tax liability.
Filing income tax return? Here’s a ready reckoner about how returns on investments made in shares, mutual funds, FDs, gold…
Income from shifting from one scheme to another scheme of mutual funds is considered transfer and is subject to long…
The Union Budget India 2019 will be closely watched by investors in the hope of some good news on the…
To avoid the process of ITR filing only to claim back the TDS on FD interests, investors may download and…
When it comes to taxation, we often tend to use the terms tax credit and tax deduction interchangeably. However, are…
You can significantly reduce your income tax outgo if you use the perquisites provided by your employer in the right…
The benefit of Section 87A is available to the assessee only when three conditions are met in the financial year…
The Income Tax department Tuesday extended the deadline for employers to issue Form 16 TDS certificate for financial year 2018-19…
Earlier the last date for filing of Form 24Q was May 31, which has now been extended till June 30.
A non-resident or a person not ordinarily resident in India, earning income in the form of salary and interest, is…
For individual taxpayers, the tax rates are different and are based on the income levels.
The Income Tax Department has recently started the annual income tax return filing cycle by notifying the new ITR forms…
If the agricultural land under question falls within the definition of rural agricultural land, i.e., falls within the specified limits…