First Salary? Get the Best Out of Your CTC

Joining a company as a fresh graduate can be overwhelming; reading the…

Income tax on listing gains in an Initial Public Offering (IPO)

Due to more awareness via social media, newspaper and news channels, IPOs…

ITR filing due date extended but no relief in payment of income tax

The income tax department had extended the timeline of filing the income…

CBDT further extends Form 15CA/CB dates

The income tax department has been working on fixing the issues faced…

What is the TDS provision for rent paid by individuals above Rs 50,000?

Many people are unaware of TDS provisions while paying rent on the…

Government Collects Rs.2.41 Lakh Crore From Income Tax in Q1

The Finance Ministry stated that the government collected over Rs.1.01 lakh crore…

How to Make the Most of a Fixed Deposit Account?

Youngsters are finding mutual funds and stock market investments to be attractive…
Tax Exemption

Calcutta High Court: Stay on TDS collection on cash withdrawals

The Calcutta High Court, on 8th July 2021, passed a landmark interim…
Tax Exemption

Goodwill depreciation: CBDT inserts new rules for computing STCG and WDV

The Central Board of Direct Taxes notified the computation mechanism of written…
Tax Exemption

IT department extends manual filing of IT Forms 15CA/15CB

The income tax department announced that the taxpayers can submit a manual…