10 Income Tax Changes Announced In Budget Taxpayers Should Know
Finance Minister Nirmala Sitharaman did not announce big changes in income tax rules in Budget…
Income Tax
Higher Income Tax Deduction On NPS Likely For Private Sector Employees
Under the current income tax laws, if an employer is contributing towards the employee’s NPS…
Income Tax: Who Can Use ITR 1?
In case you are a non resident for income tax purpose, you cannot use ITR…
Faceless Assessment: The Benefits And Challenges Taxpayers May Experience
Last month, the government launched the concept of Faceless Assessment for honest taxpayers, which no…
Tax Alert! 6 Changes In Income Tax Compliance Requirements Every Taxpayer Must Be Aware Of
In a bid to mitigate the hardship of individual taxpayers and businesses in times of…
NPS Contribution: Latest Income Tax Rules Explained In 10 Points
You will not be eligible for some of the tax benefits on NPS contribution if…
Coronavirus: CII Calls For Smoother Tax Regime, Ease Of Doing Biz, Labour Market Reforms To Revive Economy
Structural reforms are urgently required for reducing the cost of doing business as well as…
Inform Employer Of Your Choice Of Tax Regime Else Old Rates Apply For TDS From Salary
If you wish to opt for the new tax regime, you will have to inform…
GST: 5 Reasons Why India’s Largest Indirect Tax Reform Is Eventually Good For Small Businesses
GST and Taxation for MSMEs: While not everything went according to plan, there is no…
New Tax Regime And Other Tax Changes That Will Come Into Effect From April 1
The government via a press release dated March 30, 2020, has clarified that there is…