The Income Tax Department in March had launched a mobile app, namely, ‘AIS for Taxpayer‘ to facilitate taxpayers to view their information...
Online gaming organisations deduct 30 per cent TDS (tax deducted at source) on any winnings drawn by a user above Rs.10,000 per...
Post Office Small Saving Schemes: The post office offers a multitude of schemes, some subject to tax deductions while others enjoy tax exemption....
Form 15G is used by individuals below the age of 60, while Form 15H is specifically for senior citizens, who are 60...
Income Tax Dates: Having knowledge of the important dates pertaining to taxation is essential for taxpayers in order to prevent penalties. Income...
India’s gross direct tax collection during the last fiscal ended March 2023 grew over 20 per cent to Rs 19.68 lakh crore....
In a big update for taxpayers, the government is trying to link TCS (tax collected at source) with TDS (tax deducted at...
The move also comes at a time when the government is set to impose a 20 per cent Tax Collection at Source...
With the ever-growing popularity of online gaming platforms, a new development has caught the attention of the Income Tax Department. Effective from...
Tax is required to be deducted at the time of withdrawal as well as at the end of the financial year The...