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 […]

Big announcement of Finance Minister regarding tax, you will also be happy to hear

Big announcement of Finance Minister regarding tax, you will also be happy to hear The Finance Minister said that the trust-based taxation system brought by the government has resulted in better collection and the number of returns submitted has also increased. He also praised the department for achieving revenue collection of more than Rs 14 […]

Toll Tax New Rule: Big change in toll tax rules! See the new rules here

Toll Tax New Rule: Nitin Gadkari said that two options are being considered for collecting toll. The first option pertains to the installation of ‘GPS’ system in the cars while the second option pertains to the modern number plates. He said that for some time now emphasis is being given on new number plates. And […]

Tax Refund: You are also waiting for refund, how to check your status?

New Delhi. Delhi-based Anjali works in a multinational company. He has a habit that every work has to be completed on time, whether it is office work or work related to income tax or other financial things. Due to this habit, Anjali filed her ITR as soon as she started filing income tax returns. Now that […]

ITR Filing: You can deduct your tax by using these 6 types of deductions

ITR Filing: Have you filed Income Tax Return? It is necessary to file income tax return if the annual gross income is more than Rs 2.5 lakh. Its deadline (last date) is July 31, 2022. Taxpayers are allowed to claim multiple deductions. This reduces the tax burden on him. We all know about the investment options covered under section 80C. You […]

Income Tax Return Assessment year 2022-23: Do not file ITR without seeing TIS-AIS, Income Tax Department will send notice

Income Tax Refund Latest Update: The Income Tax Department has recently introduced TIS (Taxpayer Information Summary) and AIS (Annual Information Statement) which aims to bring transparency and simplify things in ITR filing. You can download both of these very easily from the Income Tax Department website www.incometax.gov.in. The season for filing income tax returns has […]