Tax Exemption

Do you have to show your assets in your income tax return?

The income tax department has mandated high-income earners to disclose certain assets…

CBDT notifies how to calculate taxable interest on PF contribution

The tax provisions relating to the investments in Provident Fund have remained…

Major Issues on the New e-Filing Portal, Glitches To Be Fixed by 15th September

More than two months have passed. Still, the glitches persist on the…

File your ITR online without Form 16

Form 16 is a TDS certificate furnished by the employer to the…

Looking to Save More Tax this Year? 5 Investment Options to explore

The Income Tax Act has provided investment options to save tax and…

How to disclose cryptocurrency gains while filing ITR

A cryptocurrency is a decentralised digital asset and a medium of exchange…

Income tax return: Know how to disclose capital gains in ITR forms

The income tax return filing date, which is 30th September for the…

Taxpayers alert! Incorrect late fees and interest will be refunded

The income tax department had launched a new e-filing portal on 7th…

Bill Approved by Rajya Sabha – Retrospective taxation scrapped

On Monday, the bill was put up in front of the Rajya…

Government to Scrap Retrospective Taxation

The government has now decided to do away with the controversial retrospective…