Income Tax Dates: Having knowledge of the important dates pertaining to taxation is essential for taxpayers in order to prevent penalties. Income...
India’s gross direct tax collection during the last fiscal ended March 2023 grew over 20 per cent to Rs 19.68 lakh crore....
In a big update for taxpayers, the government is trying to link TCS (tax collected at source) with TDS (tax deducted at...
The move also comes at a time when the government is set to impose a 20 per cent Tax Collection at Source...
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...
Staying in the loop with important tax deadlines is essential for individuals to sidestep penalties, effectively handle their finances, meet filing requirements...
Interest earned from Mahila Samman Certificate scheme will not attract TDS and the interest income will be taxed in the hands of the recipient...
New Delhi: Senior Citizen Savings Scheme (SCSS) is one of most attractive savings scheme in India for senior citizens. The scheme is...
Form 16 is also accepted as valid proof of income by banks and financial institutions when employees apply for loans or credit...