New Personal Income Tax at reduced rates with no exemption under Section 115BAC of Income Tax Act when opted, only limited allowances will be exempted - Perquisites allowed by Employee are not to…
Calling of option for new personal taxation regime of reduced tax rates with no exemptions or deductions or setoff of loss etc. in case of individuals & HUFs as provided u/s 115 BAC of the IT Act,…
Income Tax 2020-21 - Employees willing to avail New reduced Tax Rates without any deduction / Exemption under Section 115BAC of Income Tax Act will have to intimate DDO / Employer in prior to adjust…
Finance Minister announced several relief measures relating to Income Tax, GST/Indirect Tax, Financial Affairs, Corporate Affairs, Statutory and Regulatory compliance matters across Sectors in view of…
From linking PAN with Aadhaar to booking LTCG up to Rs 1 lakh on equity investments, there are some financial tasks you should complete within this deadline.
Corrigendum to Circular No. 4/2020 - Income Tax Deduction from Salaries during the Financial Year 2019-2020 under Section 192 of the Income-Tax Act, 1961
Income Tax functionalities under EIS have been developed at Employee Login for online submission of saving details for Income Tax Estimation/Calculation
Two Sets of Income Tax Slabs introduced in the Budget 2020 - A Taxpayer has the option of choosing either new Income Tax Slab with minimum exemption or Old Tax slab with all applicable conditional…
General Budget 2020 – NFIR’s proposals for consideration and inclusion in the Budget proposals to be presented before the Parliament during Budget presentation in February 2020