The government had brought virtual digital assets such as cryptocurrencies under the income tax net in the Union Budget 2022-23.
Modi Government’s surprise tax move introduced via amendments to the Finance Bill 2023 is set to boost some investment avenues
Experts pointed out that currently a person who has income up to Rs 7 lakh in a year does not…
At present, a 100% tax holiday is available for a five-year period and a 50% exemption is then available for…
An intermediate or final dividend is an extra income earned by a stock market investor that does not need the…
New Tax Regime Rebate Limit Change 2023: If your taxable income is marginally over Rs 7 lakh, you may have…
Taxpayers earning just a little above the Rs 7 lakh income tax rebate limit in the new concessional regime could…
Income Tax tasks to complete before March 31, 2023: As the end of the Financial Year 2022-23 is just a…
AIS for Taxpayers app download: The app enables taxpayers to view information related to TDS/TCS, interest, dividends, share transactions etc.
Rs 8,830 cr worth assets seized in last 8 years,
Section 54 allows deduction of capital gains reinvested in a new residential property purchased within two years from the date…
New tax rules from April 1: Investors must constantly keep a close eye on changes in the investment landscape to…
Long-term capital loss can be set off only against long-term capital gain
Finance minister Nirmala Sitharaman had in the Union Budget 2023-24 proposed to tax income from all non-ULIP products, that is…
New TDS rules from April 1: Union Budget 2023 proposed several changes in Tax Deducted at Source (TDS) rules that…
The total Income Tax Refunds issued to taxpayers between 1st April 2022 to 10th March 2023 was Rs 2.95 lakh…
Advance tax payment FY 2022-23: The Income Tax Department has appealed to taxpayers to pay their last instalment of advance…
To avoid problems ahead, here are some important tasks you must complete before the new financial year kicks in.