Page 92 of Income Tax

A look at five small savings post office schemes that helps reduce tax liability by investing a maximum of Rs…

A formal Memorandum of Understanding (MoU) was signed today between the CBDT and SEBI, via video conference, for exchange of…

All other allowances such as children education allowance, hostel allowance, helper allowance, academic allowance, uniform allowance, etc. (which are otherwise…

Selecting the appropriate Form is only the starting point of the tax return filing process and taxpayers have to ensure…

The coronavirus cases in the country have exceeded 6.5 lakhs and it may take months before the vaccine is developed…

Through a notification, the Central Board of Direct Taxes (CBDT) has amended Income Tax Rules to include TDS on e-commerce…

Under the new law, the first instalment is due on July 7 for the equalisation levy charged on supplies in…

The government has also extended the date for making various investment or payment for claiming a deduction for saving tax.

Instead of making a choice between the two, one can make use of both of them in building up a…

As home loan repayment is eligible for tax deductions, can opting for a home loan moratorium affect one’s tax benefits?

Out of the seven ITR Forms, only three Forms – ITR-1, ITR-2 and ITR-4 – have been uploaded for filing…

In view of the Covid-19 crisis, Finance Minister Nirmala Sitharaman in March this year had announced a number of relief…

Lower of Indian tax liability on the doubly taxed foreign income or tax paid in the foreign country may be…

The Concessional Tax Rate regime permits the CBDT to notify the allowances which shall continue to be exempt in the…

The government had announced some relief measures in relation to payment of taxes during the lockdown period. One such relief…

In view of the lockdown and restrictions due to the COVID 19 pandemic, the Government of India has recently announced…

In a bid to give further relief to taxpayaers, the CBDT has notified that a salaried employee who opts for…

Before you actually sit down to file your income tax return (ITR) for FY2019-20 or AY 2020-21, there are certain…