It’s the beginning of a new financial year and employers have started rolling out the tax declaration form for employees. For salaried...
Receiving a notice from the income tax department can be a daunting and unpleasant experience, leaving many wondering what to do next....
Income Tax: If the taxpayer comes under the limit of a tax rebate, he/she will get the whole tax amount back at...
Interest income is totally exempt from Income Tax. Income Tax benefits are available under Sec 88 of IT Act. Public Provident Fund...
In the hands of government employees, gratuity and PF receipts on retirement are exempt from tax. * On retirement, I will get...
Income Tax, Default Tax Regime: Employers will have to take ascent from their employees regarding their choice to opt for new tax regime...
Gupta said that though the investigation is on by EoW, income tax department has again last week issued a demand notice, leaving...
Senior citizens are those individuals who belong to the age groups of 60 years and above, but below 80 years. Also Read- This...
Retired individuals who receive pension must file their Income Tax Returns (ITR) as their pension is taxed as income from salary by...
If your total earnings in a financial year fall under taxable income, then it is necessary to file ITR You should promptly...