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New ITR rules: Relief that taxpayers got with 2 months window to revise forms

The updated return does not replace the revised return, but the taxpayers would be able to update their returns within 24 months...

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MUST KNOW

Tax season 2022: Important dates and deadlines for filing your IRS return

For many Americans, tax returns this year will be more complex because of job or residency changes, stimulus payments, child tax credits, unemployment insurance claims or...

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MUST KNOW

PF Accounts To Be Split Into Two From April 1: 5 Key Points

From April 1, existing provident fund (PF) accounts are likely to be divided into two parts. New Delhi: From April 1, existing provident...

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ITR

ITR column for Cryptocurrency Income: All you need to know

From April 1, the government will charge a 30 per cent tax plus cess and surcharges, on such transactions in the same...

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MUST KNOW

Cryptocurrency Tax Calculation: What will be Taxed, What won’t, How and When?

How to calculate tax on income from cryptocurrency: The announcement of flat 30% tax on income from transfer of virtual digital assets (VDAs)...

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MUST KNOW

Union Budget 2022: Tax deduction limit on employer’s contribution to NPS a/c of State govt employees hiked from 10% to 14%

FM Sitharaman announced parity between employees of State and Central government by hiking Central Government contribution to the National Pension System (NPS) Tier-I....

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BUSINESS

Union Budget 2022: As salaried class demand hike in ITR bracket, check 5 major sources of income that are tax free in India

Here’s looking at 5 major sources of income that are tax free in India. New Delhi: Union Budget 2022, the most anticipated...

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BUSINESS

SDMC extends deadline for payment of property tax

South Delhi Mayor Mukesh Suryan said the modifications in property tax amnesty scheme-2021-22 has been made to facilitate taxpayers as they are...

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FINANCE

Finance Ministry will release Rs 47,541 crore advance installment of tax devolution to states

The Finance Ministry, on Thursday (January 20), announced that the Centre will release an advance installment of tax devolution to the states amounting...