Why is Form H Important for PPF Account Holders?

Public Provident Fund (PPF) account holders must know about Form H when…

Slash in personal tax rate to boost the consumption in the economy

The government may slash the personal income tax rate in the move…

Everything you need to know about corporate tax rate cut this year

Take a bow, FinMin. A long-awaited corporate tax rate cut was announced…

All About Tax Audit Under Section 44AB of Income Tax Act

Deadline to file income tax returns for businesses is around the corner.…

Education can empower you and save your taxes too

Taking a loan for higher studies is common among millennials of our…

Second instalment of advance tax due by 15th September 2019

The due date to pay the second instalment of advance tax for…
Dearness allowance

Government unlikely to replace the Income Tax Act with Direct Tax Code

The government may tweak the existing Income Tax Act, instead of introducing…

CBDT Sets up a 5-Member ‘Startup Cell’ to Resolve IT Issues

The Central Board of Direct Taxes (CBDT) has proclaimed the creation of…

Intimation received under section 143(1) upon processing of ITR

After you have filed your income tax return (ITR), the income tax…

Centre Might Notify More Classes to File Income Tax Returns

In order to curb tax evasion and widen the taxpayer base in…