Income-Tax Return: A Brief Note on Annual Information Statement (AIS)

The Income-Tax (I-T) Department has directed taxpayers to access the Annual Information…

March 2024: An Eye on Tax-Related Deadlines

Income tax planning generally aids in two ways: reduction in tax liabilities…
Tax Exemption

Income Tax: Pending Tax Demand Up To Rs 1 Lakh Waived

The Central Board of Direct Taxes (CBDT) has prescribed the outstanding tax…

Income-Tax: A Brief Note on TAN

A Tax Deduction Account Number (TAN) or Tax Collection Account Number (TCS) …

February 2024: A Look at Tax-Related Deadlines

The income tax (I-T) department has published a comprehensive tax calendar on…

January 2024: Remain Watchful of These Important Tax-Related Dates

Tax planning is essential for every individual to ensure savings and avoid…

Personal Finance: Changes to Watch Out in October ’23

In October 2023, a slew of changes related to personal finance are…

Government issues guidelines to clarify TCS applicable on foreign remittances

The Ministry of Finance issued comprehensive guidelines on June 30, 2023, to…

TCS rules to come into effect from 1 October, no TCS on international credit card spending

The Central Government announced that the new Tax Collection at Source (TCS)…

Different ways you can avoid the 20% TCS on overseas tour packages

Prepare to allocate more funds for your upcoming foreign vacation starting next…