Measures to enhance credit for infrastructure and simplify labour laws

Our Finance Minister, Mrs Nirmala Sitharaman, on 23 August 2019, announced measures…

ITR filing due date approaches for AY 2019-20 (FY 2018-19)

The ITR filing due date is fast approaching. You are required to…

What You Need to Know About Tax Benefits for Reconstruction of House

Are you planning to reconstruct a house? You may wish to demolish…

Checklist for verification of cash deposits during demonetisation

The income tax department seeks to comb through cash deposits made during…

Do not miss these while filing your ITR this season

The income tax return or ITR filing due date is fast approaching.…

TDS impact on life insurance maturity proceeds from 1 September 2019

The Union Budget 2019 has amended the TDS (tax deduction at source)…

Reporting long-term capital gains on shares in ITR form for FY 2018-19

Taxpayers are required to report long-term capital gains (LTCG) on the sale…

Businesses can raise prices of goods and services

Recently, a government official stated that businesses could freely raise the prices…

Know your salary components and maximise your take-home

Your salary package comprises various components such as basic salary, allowances towards…

Maturity proceeds and returns from investment in PPF

The Public Provident Fund (PPF) is one of the popular small savings…