BSNL Retired Executive Association addressed to Chairman CBDT regarding deduction of income tax (TDS) on medical bills of Retired Employees at the time posting in SAP
Income Tax Return (ITR) filing date extended for these taxpayers - Notification No. 93/2020 dated 31st December, 2020
Extension of time limits for Income tax returns filing - Deadline extended from Dec 31, 2020 to January 10, 2021 for these taxpayers
Pension Fund Regulatory Authority of India has clarified that the annuity payable by the Annuity Service Providers (ASPs) to NRIs and OCIs NPS subscribers will be taxed
The National Pension System (NPS) is a defined contribution retirement scheme administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), Government of India. Any citizen of India aged between 18-65 years as…
The government might introduce a tax on cash withdrawals exceeding Rs 10 lakh a year, according to a report by The Times of India. The move will help the government clamp down on black money and promote digital payments. Another proposal…
Form 16 is the annual salary TDS (tax deducted at source ) certificate issued by an employer to employee. It consists of 2 parts, Part A and Part B. Part A contains the employer, employee and employment details such as PAN, address, summary…
Instructions for the purchase of laptops/notebooks and similar devices for eligible officers – Clarification regarding admissibility of Taxes/GST on the price ceiling.
Save tax on home rent even without House Rent Allowance (HRA) benefit
The tax department will likely withdraw a show-cause notice issued to several banks asking them to pay the service tax on ‘free services’ provided to customers, following the finance ministry’s intervention.