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2 mins read
Prepare to be questioned by I-T department on unaccounted money, thanks to Operation Clean Money
The tax department has run big data analytics through more than 1-crore accounts in its data bank a…
2 mins read
Realty stocks in limelight; Godrej Properties surges over 4%
The indexation benefit allowed taxpayers to compute gains arising out of the sale of capital assets…
PTI
3 mins read
Five things to remember as you file your ITRs at the last minute
ITR-1 form is designed for resident individuals who have income from salary, one house property, an…
2 mins read
Important dates to remember while filing your ITR this time!
13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…
5 mins read
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
3 mins read
Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…
5 mins read
Presumptive taxation: The scheme that eases burden on small businesses
Running a small business or a professional service can often involve a single person or a few peopl…
2 mins read
How to compare your tax liability in old and new tax regimes
Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…
2 mins read
Decoding ITR forms: Which one should you use to file your taxes?
Tax filing season is here. On the income tax website there are various income tax forms available t…
1 min read
CBDT notifies ITR forms for assessment year 2023-24
The Central Board of Direct Taxes (CBDT) has notified income-tax return forms (ITR forms) for the a…
3 mins read
Your comprehensive document checklist for income tax return filing
The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…
4 mins read
Capital gains in taxation: What are the major factors driving the long-term and short-term capital gains?
Capital investment plays an important role in facilitating economic growth, creating employment…
3 mins read
Budget expectations 2022: Here’s why income tax slabs may not change this year
Despite the COVID-19 pandemic forcing people to travel less and work from home more, resulting i…
1 min read
I-T official displeased with tax collection shortfall in Thane
"The Pune charge (division), which includes, Satara,Kolhapur, Pune, etc, is doing very well. But Th…
PTI
2 mins read
What Is dividend distribution tax and what has changed with DDT in budget 2020
Dividend refers to the returns a company gives to its shareholders on the profits it earned in …
2 mins read
What is the difference between PPF and EPF
Overview of EPF and PPF In India, two types of provident funds are popularly known namely Employe…
2 mins read
Who and How we can file ITR 4 Online?
ITR 4 can be filed by those individuals, Hindu Undivided Families and Partnerships whose t…
2 mins read
Explained: What Is Rebate Under 87A
The subject of income tax is a tricky one to understand. There are a number of nuances you will ne…
5 mins read
Here’s how income tax slabs work in India
In India, taxes vary according to income. And different tax slabs correspond to how much one is li…
1 min read
File a tax return now if you have exchanged more than Rs 2 lakh old notes after demonetization
If you have deposited Rs 2 lakh and more after demonetization and got your old notes exchanged, get…