Budget 2020, new optional scheme for individual tax-payer to opt for lower tax rate and slab in India applicable from FY2020-21(AY 2021-22).List of Income-tax deductions & exemptions not allowed.
Budget 2020 further extends the benefit of section 80EEA for deduction upto Rs 1.5lakh on home loan taken for affordable housing till 31st March 2021
A surcharge is an extra income tax to be paid by the taxpayers earning a higher income. Read the provisions of Marginal relief on surcharge as per the latest income tax updates.
Calculate your Advance Tax Know what is Advance tax and who should pay it. Find out how to calculate advance tax and due dates for advance tax payment?
What is the Due Date for ITR Filing? Know the last date to file Income Tax return for individuals, professionals & businesses deadlines as per the latest govt updates.
ITR -2 is to be filed by Individuals and HUFs. Learn here what is ITR form 2? Who needs to fill ITR 2 form? When do you need to fill ITR 2 form & procedure to fill ITR 2 form.
Do you know as per section 269 SU of the income tax act it is mandatory to provide electronic modes of payment for the businesses with turnover exceeding Rs 50 cr. Read the applicability & penal compliance for non-compliance with section 269SU.
What is Superannuation? Learn the basic concepts & classification of superannuation, working of superannuation & types of annuity, withdrawal process & tax benefits.
Do you know that you can avail tax deduction on loan taken for purchase of electric vehicle under section 80EEB on Income Tax Act? Learn here the eligibilty criteria & conditions to avail deduction.
Do you know the provision for royalties & fees for technical services in case of non-residents? Learn with our guide about section 44DA, applicability & how to compute income as per section 44DA?
