Due Dates of These 10 Financial Activities Have Been Extended

The outbreak of COVID-19 pandemic and the nationwide lockdown has flipped our…
Tax

Cost inflation index notified for FY 2020-21 for calculation of LTCG

The CBDT recently notified the cost inflation index at 301 for the…

CBDT notifies ITRs for the tax filings of AY 2020-21 (FY 2019-20)

The CBDT has notified the income tax returns for tax filings for…

New Form 26AS notified with effect from 1 June 2020

Form 26AS is an annual statement stating the tax payment details including…

Taxation of dividend income received on or after 1 April 2020 (FY 2020-21)

You may receive a dividend from your equity or mutual fund investments.…

Tax Query: Is the rental income of an NRI subject to TDS?

I am a resident of India. I, along with my wife, receive…

B2B transactions exempt from deploying e-payment facilities u/s 269SU

Every business with a turnover above Rs 50 crore in the previous…
GSTR-9

Finance Ministry: GST or IT rate cuts not on the cards now

The government will not accept the industry’s demand for a substantial six-month…

Does a TDS rate cut reduce your income tax liability?

The economic stimulus package announced by the government reduces the TDS and…

Tax Query: What will be the TDS rate for payment to professionals after 14 May?

I am an architect who runs his profession. In the course of…