Companies Must Accept Digital Payments or Pay Fine of Rs 5,000 per Day Valid from 1 February 2020, companies with an annual turnover of more… Vineeth N CPosted on January 2, 2020January 6, 2020
Tax Query: How to report loss on ESOPs in the income tax return? Mr Sumit has suffered a short-term loss of Rs 1 lakh under… Komal ChawlaPosted on December 24, 2019January 3, 2020
Tax Query: TDS on rent not needed if NRI’s income is less than Rs 2.5 lakh Mr Gupta’s son lives in Australia. He has signed a power of… Komal ChawlaPosted on December 16, 2019December 17, 2019
Do foreign technology companies pay their fair share of tax on their business activities? The advent of technology has given rise to the digital platform and… Sweta DugarPosted on December 2, 2019December 3, 2019
Income tax department launches a portal for exchange of information The income tax department has launched a web portal for the exchange… Sweta DugarPosted on November 25, 2019November 26, 2019
IT department notifies TDS certificate for payments made to contractors The Union Budget 2019 has introduced a provision for tax deduction at… Sweta DugarPosted on November 22, 2019November 24, 2019
Pay your income tax through UPI, credit cards and mobile wallets At present, taxpayers can pay their income tax dues through net banking… Sweta DugarPosted on November 21, 2019November 24, 2019
Tax liability on interest received on NRE accounts for NRIs upon return Individuals not residing in India maintain a Non-Resident External (NRE) bank account.… Sweta DugarPosted on November 20, 2019November 25, 2019
Government likely to introduce completely pre-filled income tax returns For the AY 2019-20, the government had modified the income tax returns… Sweta DugarPosted on November 18, 2019November 21, 2019
Government to announce income tax amnesty scheme for tax evaders The direct tax revenues collections have risen by only 3% so far… Sweta DugarPosted on November 13, 2019November 14, 2019
