Tax Exemption

New TDS provisions will reinforce the reconciliation of data

Tax deducted at source (TDS) and tax collected at source (TCS) play…
Tax Exemption

CBDT issues guidelines under section 194Q

The income tax department issued a circular dated 30th June 2021 laying…

FM announced a relief package of Rs.6.28 trillion

Our Finance Minister, Nirmala Sitharaman, announced the first stimulus package of Rs.6.28…

FM meets Infosys to address new portal issues

In 2019, Infosys was given the contract to develop a new generation…

Finance Ministry to meet Infosys and address queries for the new e-filing portal

The Central Board of Direct Taxes (CBDT) issued a press release statement…

CBDT provides relaxation for submitting Form 15CA/CB for foreign remittances

CBDT had launched a new e-filing portal on 7th June 2021 to…

Double TDS applicable to some taxpayers from 1st of July

Finance Act 2021 introduced a new section 206AB which mandated higher TDS…

5 features of the new e-filing portal 2.0 launched today

The income tax department has launched a new e-filing portal, 2.0, on…

Income tax return filers to re-register DSC on the new portal

The income tax department has requested the online return filers to re-register…
Tax Exemption

Changes effective from 1 June, from income tax portal to LPG gas cylinder

Several changes are lined up starting from 1 June, which may affect…