Crypto: CBDT issues clarification on TDS provision applicable on transfer of VDAs

The Income Tax department has issued guidelines for applying TDS under Section…

Do you need to file ITR and disclose your foreign travel expenses?

People are splurging on foreign travel as international travel opens up after…

TDS: FinMin to clear doubts on TDS applicability on benefits and perks from business, profession

The finance ministry will clarify doubts on the applicability of the proposed…

Higher TDS for Non-ITR Filers?

The Central Board of Direct Taxes (CBDT) issues a circular for determining…
Tax Exemption

Income Tax: Significant Changes Effective From 1st April 2022

With effect from 1st April 2022, the taxpayers need to comply with…

Crypto Updates: Department to Bring Cryptocurrency under GST

The government is trying to bring cryptocurrencies under Goods and Services Tax…

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…
Tax Exemption

Tax deductions available to the taxpayers on home loan

For the homeowners, interest paid on housing loans can maximise their income…

Budget 2022: Cryptocurrency Taxation Explained

We have seen a multifold rise in digital currency investors since 2020.…

How Will Budget 2022 Impact Investors and Taxpayers?

No changes were made to the tax slabs and deductions in the…