Income Tax Payers: Big news! New Order issued by the Finance Minister

Income Tax Payers: Big news! New Order issued by the Finance Minister Income Tax Return: The last date for filing the updated Income Tax Return (ITR-U) for Financial Year 2020 (FY20) or Assessment Year (AY 2020-2021) has been extended to March 31, 2023. The facility of new ITR filing was started from the Finance Act […]

Income Tax New Guidelines: How you can benefit from amendment in Income Tax Act, know- here

Income Tax New Guidelines: The Income Tax Department has relaxed many norms for taxpayers to make them more liberal. Taxpayers are those who contribute heavily to the government’s efforts to stimulate the economy. The Central Board of Direct Taxes (CBDT) has recently issued revised guidelines for compounding of certain offenses under the Income Tax Act, […]

Automatic Toll Plazas: Starting soon, such toll tax will not stop where your vehicle will not stop, read here – all the information

New Delhi: Toll plazas across India will soon be replaced with auto number identification system. An announcement in this regard was made by Union Minister Nitin Gadkari on Tuesday. The Union Minister said that the Center is conducting pilot projects to replace toll plazas with automatic number plate identification systems. Under this, the vehicles will not stop and the […]

Income tax notice may be served on these high value transactions check for details

Income Tax Notice: Every taxpayer should report all his sources of income, transactions and investments while filing income tax return. Especially, if you do any high-value transaction, then definitely keep in your mind that you will have to mention it in the ITR. If you have not given its record in this year’s ITR, then […]

ITR Refund 2022: Income Tax Refund Not Received Yet? Know here how to check status

ITR Refund 2022: Income Tax Refund Not Received Yet? Know here how to check status After filing income tax return, the wait is for refund. The deadline for filing income tax returns for the financial year 2021-22 and assessment year 2022-23 was July 31, 2022. The IT department has sent refunds to many taxpayers, but there are […]

ITR: Good news for income tax payers, Income Tax Department gave this big relief

Income Tax Return: Every year people have to file Income Tax Return in the country. Individual income tax payers had to file income tax returns for the financial year 2021-22 by 31 July 2022. At the same time, the Income Tax Department said that taxpayers who file income tax returns within the stipulated time can […]

Post Office: Are all post office schemes tax free?, know details

Small savings schemes of the post office are used for savings purposes. There are some misconceptions among investors that post office schemes are tax free. However, it is not necessary that for the scheme providing tax saving benefits, the interest or return received on it will also be tax free. There are very few post […]