Taxation Of Income From Social Media: Here’s What Influencers

Recently, a list has surfaced containing various well-known social media influencers who…

Income Tax Department Clarifies Doubts on ‘Inoperative PAN’

The Income Tax Department clarified the concerns over the Permanent Account Numbers…

FM Sitharaman says no income tax is to be paid under 7.27 lakh p.a annum income

The Union Finance Minister Nirmala Sitharaman highlighted that the government has implemented…

Government denies any extension for ITR filing and urges filing by July 31

The government has decided not to extend the deadline for submitting Income…

Why you should file your ITR within the deadline

You must meet the deadline for filing your Income Tax Return (ITR)…

How to Claim Income Tax Refund? Important Rules for Claiming Income Tax Refund

As the deadline for filing income tax returns (ITR) approaches on July…
Aadhaar Update

PAN-Aadhaar not linked? It can cost you a heavy penalty for filing ITR

Your PAN card will be inoperative if you have not linked it…

Government issues guidelines to clarify TCS applicable on foreign remittances

The Ministry of Finance issued comprehensive guidelines on June 30, 2023, to…

Reporting Tax on Gains from Equity Mutual Funds in ITR for AY 2023-24

The deadline to submit the Income Tax Return (ITR) for Assessment Year…

TCS rules to come into effect from 1 October, no TCS on international credit card spending

The Central Government announced that the new Tax Collection at Source (TCS)…