Government extends the facility of pre-filling to 2 more ITR forms

The government will extend the facility of pre-filling ITR to two more…

Tax deduction on rent paid above Rs 50,000, 5% TDS

Are you occupying a residential house on rent? You may want to…

Home and auto loans under PSB loans in 59 minutes

‘Psbloansin59miuntes’ is a portal to enable in-principle loan processing for MSME (micro,…

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…

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…