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…
Dearness allowance

Budget 2020 imposes TCS on foreign tour packages and remittances

The Union Budget 2020 proposes to levy a TCS (tax collection at…

GSTR 8 deadline for Oct to Dec 18 extended to 31 January 2019

Central Board of Indirect Taxes (CBIC) has notified the extension of due…

CBIC clarifies common queries on TCS for e-commerce sellers

A recent set of GST FAQs released by The Central Board of…

Govt rushes to offer E-retailers easier returns filing

The government has allowed e-commerce firms more time to file their returns.…