Corporate tax

Why should Government extend financial year-end till 30 June 2020?

The health crisis spread across the world from Coronavirus (COVID-19) has put…

No adjustment of IT refund up to Rs 5,000 against outstanding demand

Every taxpayer looks forward to speedy processing of their income tax refunds.…

Avoid These Last-Minute Mistakes While Saving Taxes

Since we are approaching November, it is natural that you hear about…

Received an intimation from the IT department? Here’s how to rectify

Once your income tax return is processed, the intimation will show the…

Tax Query: Should NRIs file ITR in India if taxable income exceeds Rs 2.5 lakh?

If a non-resident Indian (NRI) has a vacant and locked house along…
Statistics Study

Taxpayer compliance likely to increase with annual information statement

The Government of India has announced measures for collection and compilation of…

Can PPF and SCSS Survive Without Tax Benefits?

With the announcement of Budget 2020, there are a lot of discussions…

IT disputes to be settled under Vivaad Se Vishwas scheme

According to the recent amendments made to the Vivaad Se Vishwas scheme,…
ELSS

Opting for new income tax regime? Continue investing in these financial products

Before opting for the new income tax regime introduced in the Budget…

Tax Query: Capital gains tax can be reduced with different exemptions

I purchased a residential flat for Rs 2.75 lakh in the year…