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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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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…

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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…

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1 min read

Donald Trump is dangling tax cuts and less red tape to win over top CEOs

Apple's Tim Cook and JPMorgan boss Jamie Dimon were both seen at a DC event where Donald Trump spok…

George Glover   


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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…

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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…

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3 mins read

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…

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6 mins read

Are you moonlighting? Here is what to know when filing your taxes

Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…

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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…

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1 min read

Good news for freelancers, consultants; they are now under presumptive tax

The tax will be filed by filling ITR 4S over the lengthy and tedious ITR 4 form. But, TDS of 10% wi…

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1 min read

Individuals earning more than Rs 50 lakh will have to declare net worth now

As per the new guidelines by the I-T Department, individuals will have to disclose all assets and l…

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4 mins read

Responsibility of Govt to design convenient tax system so that individuals can budget & plan: SC

"Hence the income earned through such investments would fall under the head Profits and Gains of bu…

PTI   


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4 mins read

Responsibility of Govt to design convenient tax system so that individuals can budget and plan: SC

The court, which allowed a batch of appeals filed by banks against an order of the Kerala High Cou…

PTI   


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2 mins read

Joe Biden promises he won't raise taxes for people earning under $400,000 if elected

Biden is seeking implement new taxes on wealthy individuals and corporations, including a rollback …

Joseph Zeballos-Roig   


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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…

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4 mins read

It doesn't look like Trump's executive actions on coronavirus relief will actually do much

President Donald Trump swooped in Saturday to fix what Congress couldn't. But his executive actions…

Rebecca Harrington   


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2 mins read

Indian government just added a lot more red tape for startups while trying to fix the devilish ‘angel tax’

Now, the government has introduced changes to tax laws under the Section 56(2) (vii b) of the In…

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2 mins read

'There's something in those taxes that's even worse than shooting someone on Fifth Avenue': Romney demands Trump's tax returns

"There's something in those taxes that's even worse than shooting someone on Fifth Avenue," Romney&…

Mark Abadi   


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3 mins read

All online purchases to attract GST soon: Amit Mitra panel

Dr Mitra had served as Secretary General of the Federation of Indian Chambers of Commerce and Ind…

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2 mins read

Mitch McConnell: Donald Trump should release his tax returns

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