The Income Tax Department has introduced an online tool through which you can check whether the notice you received is genuine or fake. Let's find out how to verify the authenticity of an Income Tax notice?
CBDT has added a new function in AIS to make the tax filing system transparent. Through this, taxpayers will not only be able to correct the mistake in AIS but will also be able to check its status. What is Annual Information Statement (AIS)?
How can a loan be taken by pledging shares? What is the interest rate on Loan Against Security? What will happen to your pledged shares if you do not repay the loan?
What benefits are available in the new tax regime? Up to how much income no tax will be levied in the new tax system? For whom is the new tax a profitable deal? What changes have been made in the new tax regime?
In the years 2023 and 2024, many IPOs brought huge earnings for the investors. But tax also has to be paid on this! What is the tax rule on booking listing gains from IPO? How can tax liability on listing gains be reduced? How will the tax be calculated on selling IPO shares?
The month of April is very important for the salaried class in terms of tax planning. In this month you have to inform your company about the tax regime of your choice. On the basis of this, TDS is deducted from your salary. What is the difference between tax regime and old tax regime? Which regime is suitable for which type of salaried class? How to calculate tax before choosing the regime?
Where to invest to save more income tax? Which tax regime has more tax benefits? How does health insurance help you save taxes along with reducing treatment expenses?
One of the important benefits of NPS is tax saving. In this you can save tax while saving for future. How to save tax on your contribution in NPS scheme? In which tax regime will tax exemption be available and under which section?
The GoI recently waived-off pending taxes for FY2011 and from FY2011 - FY2015.
Most people try to save a lot of tax under Section 80C by investing in schemes like Public Provident Fund (PPF), National Pension Scheme (NPS) and ELSS. However, we forget such tax saving methods which can help in saving tax without investment. Lets find out which are those?