The Central Board of Direct Taxes (CBDT) has issued fresh guidelines and procedure to be followed for selecting income tax returns (ITRs)...
So far, the tax exemption on leave encashment for non-government employees was Rs 3 lakh which was fixed in 2002, when the...
The government had in the Budget brought overseas investment in unlisted closely held companies, except DPIIT recognised startups, under the Angel Tax...
With the ever-growing popularity of online gaming platforms, a new development has caught the attention of the Income Tax Department. Effective from...
Tax is required to be deducted at the time of withdrawal as well as at the end of the financial year The...
Interest earned from Mahila Samman Certificate scheme will not attract TDS and the interest income will be taxed in the hands of the recipient...
Salaried taxpayers who want to claim deductions will have to specifically opt for the old income tax regime. This is because the...
Income Tax: The government has brought in some changes to the new tax regime to make it more attractive to taxpayers. Read...
Several salaried employees still seem to be confused about tax regime selection. As only a few days are left to intimate the...
The moves comes in the backdrop of the Income-Tax department surveying BBC office premises in Delhi in February. Read More:-Are fixed maturity...