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1 min read

ITR Filing: Missing income tax return dates can put you behind the bars

If you haven’t filed your income tax return yet, better hurry because you will have to pay a pena…

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2 mins read

How to save Income Tax in India Schemes to Invest in 2019

Investing up to a limit of Rs. 1.5 lakh in schemes like Tax-Saver FDs, PPF (Public Provident Fun…

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1 min read

First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

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4 mins read

Income Tax Slab For Filing ITR (Income Tax Return)

In the budget announced in 2018, the total cess on income tax increased by 4%. However, the income…

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2 mins read

What is Income Tax Challan 280 Online Payment

Challan 280 is meant for paying advance tax, self-assessment tax, taxes on distributed income an…

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1 min read

CBDT Constitutes 6-member Panel To Reduce Income Tax Disputes

An estimated tax revenue of Rs four lakh crore is locked up in litigation. The empowered committee …

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2 mins read

How to file the income tax return for the previous year

As per the Finance Act amendment 2016, it is possible to file the delayed IT returns any time be…