Income tax alert: Last date to pay your first instalment of advance tax. Check details

The income tax department has issued a reminder to all taxpayers to…

CBDT Notifies e-Appeals Scheme 2023

The Central Board of Direct Taxes (CBDT) launched the ‘e-Appeals Scheme, 2023’…

TDS on online game winnings: Tax deduction methods as per CBDT guidelines.

The CBDT has recently provided guidelines, through a circular and notification dated…

Navigating Tax Deductions for Political Party Contributions

The difference between tax saving and tax evasion can become apparent when…

Online ITR 1 and ITR 4 forms for FY 2022-23 (AY 2023-24) are now available on the income tax e-filing portal

Following the release of the Excel utility for ITR 1 and 4…

No LTCG benefits on debt mutual funds from April 1, 2023

Let’s talk about some breaking news in the world of finance! Amendment…

ITR Mismatch: Income tax department picks up 68k cases for e-verification and to take action against 33,000 taxpayers

The income tax department has detected approximately 68,000 cases where income was…

GST portal update: GTAs can opt to pay GST on a forward charge basis by 15th March 2023

On 25th February 2023, the GST Network (GSTN) released an advisory announcing…

Insurance: The Concept of Human Life Value

Insurance needs to be an integral part of overall financial planning. Apart…

Standard Deduction in New Tax Regime in Budget 2023: Is it Rs.50,000 or Rs.52,500?

In the recent Union Budget 2023-24, a standard deduction of ₹50,000 was…