Last Date to Issue Form 16 by Employers for FY 2020-21 Extended

According to a recent CBDT announcement, the last date to file ITR…
Tax Exemption

New TDS provisions will reinforce the reconciliation of data

Tax deducted at source (TDS) and tax collected at source (TCS) play…
Tax Exemption

CBDT issues guidelines under section 194Q

The income tax department issued a circular dated 30th June 2021 laying…

Centre announces tax exemptions and extends compliance deadlines

The government extends the timelines for compliances related to income tax. In…

Finance Ministry to meet Infosys and address queries for the new e-filing portal

The Central Board of Direct Taxes (CBDT) issued a press release statement…

Double TDS applicable to some taxpayers from 1st of July

Finance Act 2021 introduced a new section 206AB which mandated higher TDS…

5 features of the new e-filing portal 2.0 launched today

The income tax department has launched a new e-filing portal, 2.0, on…

Income tax return filers to re-register DSC on the new portal

The income tax department has requested the online return filers to re-register…

Is it Wise to Invest in NPS After Retirement?

The regulatory body of pensions has taken several initiatives to increase the…
Tax Exemption

Changes effective from 1 June, from income tax portal to LPG gas cylinder

Several changes are lined up starting from 1 June, which may affect…