5% TCS on Foreign Fund Transfers to Apply From October

Individuals are allowed to remit up to $250,000 abroad each year as…

Form 26AS to include details of high-value transactions

The income tax department is streamlining taxpayer information, reporting of income and…

Due date to file annual GSTR-4 for FY 2019-20 gets further extended

The government has further pushed the deadline to file the brand new…

Due Dates of These 10 Financial Activities Have Been Extended

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

New Form 26AS notified with effect from 1 June 2020

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

Does a TDS rate cut reduce your income tax liability?

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

Finance Minister Announces 25% Rate Reduction on TDS and TCS

The Finance Minister Nirmala Sitharaman made an important tax-related announcement in a…

Aatmanirbhar Bharat Abhiyan – Part 1 (Highlights)

To implement the Aatmanirbhar Bharat Abhiyan announced by the Hon’ble Prime Minister…

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.…
Statistics Study

Taxpayer compliance likely to increase with annual information statement

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