FM Pitches for a Global Framework to Regulate Cryptocurrencies to Prevent Money Laundering

Finance Minister Smt. Nirmala Sitharaman has said in a discussion hosted by…

Important Cash Transaction Limits and Penalties Under Income Tax That You Need to Know About

In India, there are a lot of transactions that go unaccounted for,…

Income Tax Department Notifies Income Tax Forms For FY 2021-22 (AY 2022-23)

The government has notified new ITR forms through a notification for return…

Know These 10 Income Tax Rules That Are in Effect From 1st April

India begins its financial year on the 1st of April each year,…
Aadhaar Update

Missed PAN-Aadhaar linking? Here is the penalty you will have to pay

CBDT issues a new notification stating that any PAN not linked with…

Loss from one crypto asset cannot be adjusted with gains from another

The government had clarified the crypto taxation provisions introduced in Budget 2022.…

5 Methods to Verify Your Income Tax Return Other Than by Aadhaar

Filing your income tax return (ITR) does not end when you submit…

Taxability of leave encashment and gratuity received by NRI

Whether you need to pay tax in India will depend on your…

Pay the last advance tax instalment for FY 2021-22 by 15th March

The last advance tax instalment for FY 2021-22 is due on 15th…

Income Tax: This Home Loan Benefit is Available Only up to 31st March

The individuals buying a home for the first time after 31st March…