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There are some basic points which should be always kept in mind while filing an income tax return for the first time. As it is a tedious task and has to do with governmental procedures, so for the sake of the economy and your own liabilities towards the nation, it is the duty of every […]
So after paying your income tax on time and arranging all the things in place still doesn’t make sense, this thing always clings to the taxpayers who are new to the system and now the time is getting thinner day by day as the last day to file your income tax is July 31, 2022, […]
A brief introduction to the fat tax, which is particularly liable for food types that are not suitable for large-scale consumption. The Kerala government has introduced the Fat tax for the first time in the state to slow down junk food consumption. The revenue generated from this tax will be used for the development of […]
What is The Income Tax Department ‘e-Nivaran’ Scheme? The Income Tax department to promote the paperless environment launched ‘e-Nivaran’, a special electronic system to fast-track taxpayer grievances and ensure early resolution or redressal of their complaints. A separate and dedicated window for grievance redressal in the Income Tax Business Application (ITBA), from now, this recently […]
For widening the taxpayer base and reaching a large number of people who need help with tax things, The Income Tax Department is in the process of establishing over 60 facilitation centres- Aaykar Seva Kendras from Goalpara in Assam to Neemuch in MP. These ASKs will help the people in conducting their personal and business […]
Today, most people are looking for free online income tax filing and there are a lot of tools available in the market. Now if you want to file income tax with software then you have to purchase income tax software for that reason. Some people look for a free trial version of income tax return filing […]
What is the Advance Tax? Advance Tax is a part of your taxes that is to be paid before the end of the financial year. It should be paid in the year in which the income is received. That is why it is also known as the pay-as-you-earn scheme. Submit Query for Advance Income Tax […]
As we know that the time of e-filing ITR is running so every taxpayer must remember income tax return filing due dates to avoid penalties under the Income Tax Act, of 1961. In this post, you can check out all due dates compulsory for FY 2023-24 (AY 2024-25). The practising CA, CS and tax professionals […]
Apart from paying Income Tax, there are several other forms of taxes, which Indian citizens have to pay as per law. When you are doing a job, earning money, you pay income tax. When you buy stuff from the store, you generally pay sales tax. As we can not come up with every such example […]
