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In this portal, the articles and trending news for taxpayer about the income tax are being written and all these articles and news covered the information about the income tax updates, registration, filing process, form details, along with other financial coverings.
The news and articles on income tax are the centers of reading where people seek their interest. So we had collected all these in one portal where readers can read it easily.
The taxpayers and CAs will get aids from this portal of SAG Infotech in filing their returns or managing their businesses. Also, we have other interesting categories related to the latest news under GST and TDS updates.
The trending income tax news and informative tax articles are thoroughly written by the professional CA who seeks the information and writes it accordingly. Hence updated articles with no error will be catered before you.
All the taxpayers are warned by the Income Tax Department of India that they did not disclose their Permanent Account Number on social media. Revealing their ten-digit alphanumeric PAN publicly can lead to its misuse. The IT Dept is warning taxpayers or assesses owing to mentioning of PAN from a number of taxpayers in the […]
With the intention of bringing every taxpayer under the radar of GST Compliance and to evade GST frauds, the government has decided to reward everyone who pays tax honestly. Some internal sources revealed that in the form of reward from the government honest taxpayers will get a considerable relief in Income tax they are paying. […]
IT Department’s scheme of electronically assessing tax returns is made effective with the government’s announcement for e-assessment 2019 on Friday. This scheme of merging tax assessment with technology will make tasks easier for taxpayers at the same time eroding the chances of various tax frauds. Though there are no interactions between tax officials and taxpayers, […]
Expenses are planned after ensuring the earnings. One must also know the amount which will be levied by the government in the name of tax. The write-up highlights some key pointers for salaried employees according to which they can ensure their exact tax outgo. With a Gross Income of Less than Rs. 5 Lakhs As […]
The Institute of Chartered Accountants of India (ICAI) has announced that a Unique Document Identification Number (UDIN) would be mandatory for all the certificates, GST and Tax reports, and all other audits, attest and assurance functions in phases for ICAI members and practising CAs. The last date for furnishing the tax audit report is 31st […]
The last rate for tax return filing for the Fiscal Year 2019 i.e. 31st August seized a sum of 49,29,121 tax returns being filed, as per the statement made to the press by the Income Tax department. The total number of ITRs filed in last four to five days of August is quite impressive and […]
Initiated on 1 September, the Budget 2019 is all set to lead the way in tax proceedings. Amendments introduced in the 2019 Budget by Finance Minister Nirmala Sitharaman will have many effects but what strikes directly to the common man is Tax Deducted at Source (TDS). Below are the four major amendments related to TDS […]
Modi government is consistently introducing amendments in tax laws for the convenience of Indian civilians. It is in news currently that the Income Tax Department will automatically generate Permanent Account Number (PAN) for taxpayers who file their returns using their Aadhaar Number. The rule is a servant to two masters. The provision also caters to […]
If the ruling government follows the recommendation of the task force of director tax, your taxable income of up to 6 lakh will be exempted from levied income tax. Currently, the taxable income of INR 5 lakh is excluded from the application of Income-tax. According to sources, the task force in its submitted report to […]