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Find TDS/ TCS return due dates with the time period and last date for filing for AY 2025-26 (FY 2024-25). TDS stands for tax deduction at source while TCS stands for tax collected at source. As per the Income-tax Act, if any person makes a payment to the receiver, then TDS is required to be […]
If you are a salaried person, you must have got your Form 16 from your employer If the total income is more than Rs 5 lakh one has to mandatory go for e-filing. Also, refund of taxes becomes much faster when you opt for e-filing. These days one has various options through which he/she can […]
Form 16 is a TDS certificate, which is given by employers to employees certifying that TDS has been deducted from their salary. According to the tax rules of India, every employer must deduct a certain amount of salary as TDS at an average rate of income tax. The basic funda is if your net earnings are […]
Prime Minister Narendra Modi is likely to hold a conference with the top officials of the Income Tax Department of the country in the coming month. The agenda behind the meeting is the discussion on the issues ranging from ensuring the better taxpayer services to the effective enhancement in the tax base to strengthen the […]
For a wide variety of purposes, Indians use the Permanent Account Number (PAN) card, which holds substantial importance in every sector. Apart from its major use for filling the tax forms, it is considered an identification document for different grounds. An ample number of people are applying for it because of its rapid prominence over […]
The Central Board of Direct Taxes (CBDT) announced that the disclosure of the acquisition cost of all the assets like land, building and jewellery is mandatory, via each and every assessee, who have annual income above Rs 50 lakh amount, in the Income Tax return forms for assessment year 2016-17.
Panama Papers is a high-profile issue in the country as recent and today it again caught up fire when Finance Minister Mr. Arun Jaitley announced today in Frankfurt that our Income Tax Department sent notices to all the 500 Indians names disclosed in the list produced last month for allegedly stashed money in the offshore […]
BEIJING: IMF yesterday, said structural betterments that include GST and the other land reform zones will be the prominent factors to amplify the economic potentials of India.
The Union Budget 2022 is closing near day by day as the budget will be presented on February 1, 2022, by the FM, Nirmala Sitharaman. The mango people have many more expectations from this budget. Therefore, we come with seven common expectations from the mango man. Interest Deduction on Self-occupied House Presently the Section 24B […]
