Income-tax (21st Amendment) Rules, 2021 – New IT Rule 130 & 131
New Income -Tax Rule 130 regarding Omission of certain rules, Forms & savings and Rule 131 Electronic furnishing of Forms, Returns, Statements, Reports, orders etc
Income Tax Exemption for COVID-19 Treatment: Rajya Sabha QA
Income-tax exemption to the amount received by a taxpayer for medical treatment from an employer or from any person for treatment of COVID-19: Rajya Sabha QA
Tax on Interest Earned on PF Contribution – Rajya Sabha QA
Details of the budget proposal to impose a tax on interest earned on PF contributions above 2.5 lakhs per year – Rajya Sabha QA
Recovery of Income Tax for the year 2020-21 (Assessment Year 2021-22)
Recovery of Income Tax for the year 2020-21 (Assessment Year 2021-22) – Salient features of the new tax regime (optional)
Income Tax 2019-20 – Form 12BB – Salaried Employees to submit details of savings, housing loan, deductions to employer
Download Form 12BB as a Word, Excel or PDF file- All Employees to file Declaration under Form 12BB to claim deduction for savings under Section 80 C, payment of house loan interest under Section 24, and HRA exemption under Section 10
PFRDA permitted OCI to enroll in NPS at par with Non-Resident Indians
Pension Fund Regulatory and Development Authority (PFRDA) permitted Overseas Citizen of India (OCI) to enroll in National Pension Scheme (NPS) at par with Non-Resident Indians (NRI)
IT department proposes online filing of tax exemption application
NEW DELHI: Educational institutions, hospitals, charitable and religious trusts will soon have to file the online application for seeking income tax exemption, the I-T department said Monday. The department sought comments from stakeholders by November 12 on the amended rules and application forms seeking tax exemptions by such entities. “In view of the digital advancement…
ECHS contribution eligible for Income Tax Exemption under Section 80D
Govt allows Income Tax Exemption for contribution made under ECHS (Ex-Servicemen Contributory Health Scheme) under Section 80D of Income Tax Act
Income Tax Standard Deduction of Rs. 40,000 applicable to Pensioners – Clarification
Income Tax Standard Deduction of Rs. 40,000 applicable to Pensioners – Clarification regarding applicability of standard deduction of Rs.40,000 to pension received from the former employer – Ministry of Finance
NPS after Budget 2018 – Income Tax Exemption on Exit from NPS
NPS after Budget 2018 – National Pension Scheme: All you should know about it after FY19 Budget
Income Tax relaxation for NPS under Finance Bill 2017 (Budget 2017)
Finance Ministry Press Release on Income Tax relaxation for NPS under Finance Bill 2017 (Budget 2017)
Income Tax 2016-17 (A.Year 2017-18) Rate, Exemptions, Deductions and Rebate for Salaried Employees
Income Tax 2016-17 (A.Year 2017-18) Rate, Exemptions, Deductions and Rebate for Salaried Employees under Section 10, Section 24, Section 89(1), Chapter VIA, and Section 87A Income Tax Rate 2016-17 TAXABLE INCOME RANGE RATE OF INCOME TAX Up to RS.2,50,000 NIL Rs.2,50,001 to Rs.5,00,000 10% of the amount by which the income exceeds Rs.2,50,000 Rs.5,00,001 to…