When a non-resident Indian (NRI) sells a property, as per Section 195 of the Income-Tax Act, TDS is required to be deducted at 20%...
ITR filing: Any one having a bank account earns some interest on their deposits and this particular income is taxable. Anyone earning an...
Form 16/16A issue date FY 2022-2023 (AY 2023-24): Salaried taxpayers usually file their Income Tax Returns (ITRs) based on Form 16 received...
Knowing key dates related to tax can help taxpayers stay compliant with tax laws, avoid financial and legal consequences. Knowing the key...
Taxpayers who wish to opt for the old tax regime to retain their tax benefits must make a declaration regarding it. Income...
Form 15G/H submission on WhatsApp: Union Bank of India has enabled its customers to submit their Form 15G/H through WhatsApp to claim...
Old vs New Tax Regime: The month of April is considered crucial as employees have to make sure that they choose the right...
Income Tax: Ensuring that all the necessary information is accurately reported, you can file your ITR smoothly and avoid any penalties or...
TDS on salary is a tax deducted by the employer at the time of paying the salary to the employee. As a...
The tax system cannot be altered during the fiscal year after it has been finalised. New Delhi: Along with the start of the...