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Jeff Bezos' Miami move could save him $600 million in taxes on stock sale
The Amazon founder plans to sell 50 million Amazon shares by January 2025. His relocation to Miami …
Tom Carter
Missed filing your tax returns? Here’s what you pay in late fee & penalties
Throughout the month of July 2022, the Income Tax Department has been sending reminders urging t…
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…
Finance Ministry summons Infosys CEO over glitches in IT e-filing portal
The Ministry of Finance has summoned Infosys MD and CEO, Salil Parekh on Monday over continuing gli…
Tax implications on income of a minor – What every parent should know
Income earned by a minor child from activities involving their skills, talent, or specialised knowl…
Eight in ten new UPI users are coming from Bharat
The use of UPI has gone beyond metros. Around 70% of UPI's current users hail from beyond Tier-1 ci…
Due date for filing income tax returns extended to March 15, 2022 for individuals whose accounts are to be audited
The government has extended the deadline to file income tax returns for assessment year 2021-22 to …
41% income taxpayers yet to file IT return, 10% facing tech glitches
As the deadline to file Income tax returns inches closer, 41 per cent of Indians who qualify to fil…
Do not forget to check form 26AS before filing your income tax return. Here’s why
If you have been paying income tax, there is something called 26AS you should be aware of. It is an…
Income tax filing deadline for FY21 extended to December 31
The government has extended the deadline because of continuous technical glitches reported on th…
OPINION: These tech issues need clarity and amendments
India’s tax regime is being geared up to cover newer tech business models. However, …
IT department releases ITR 1 and ITR 4 offline forms ahead of time
The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…
Date for filing income tax returns extended to March 15, 2022
For fiscal 2019-20 i.e. AY 2020-21, limit was ₹5 crore for businesses and ₹50 lakh for profess…
PTI
With the new TDS rule, every time you make a payment, you must ask if the receiver has filed tax returns in last two years
“Suppose you are making payment to a contractor. And, when you’re getting the work executed, you’re…
How to file Income Tax Return online for salaried employee
Tax compliance is viewed as the mark of an individual’s financial wisdom and ethical outlook. It i…
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…
2 key House Democrats want the IRS to extend tax filing season, citing 'titanic strain' on taxpayers
The IRS extended tax filing season by 3 months last year, and Democrats and accountants are calling…
Ayelet Sheffey
Pay penalty if you haven't yet filed IT returns, no more extensions now, says India's tax authority
The income tax department had received several representations to further extend dates for fil…
All you need to know about linking Aadhaar to PAN
You can go to the Income Tax India website and link your PAN with Aadhaar by paying a late fee of ₹…
E-file.com offers easy, affordable online tax filing options, especially for self-employed people
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…