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Covid-19: Tax implication if you opt for concessional loan
Employees may also avail such loans to fund kid’s education or marriage apart from a medical emergency
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Freelancing with regular job? Here are a few to save tax
Income earned by displaying manual or intellectual skills comes within the purview of income from a profession as per prevalent laws
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Investing in section 80C? Avoid these common mistakes
Section 80C of the Income Tax Act 1961 allows for a deduction of up to Rs 1,50,000 on specific investments
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Old vs new tax regime: Which is better for you?
Income Tax news: In both, if your income is less than Rs 5 lakh per annum, then you will get a rebate of Rs 12,500
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Tax-free & tax savings bonds: End confusion with this guide
Tax savings: You can buy tax savings bonds from all public sector banks such as SBI, PNB, BoB and big private banks like HDFC Bank and ICICI Bank
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Taxpayers can now file ITR, late fee issue resolved
The income tax department has updated its portal to capture the extended deadline of filing returns
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Income Tax: Benefits for senior citizens
Senior citizens also get higher tax benefits on expenses made on account of any medical treatment for specified diseases, etc
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I-T department extends deadline for various tax compliances
The CBDT has also decided to extend the due dates for electronic filing of forms related to intimation by pension funds and sovereign wealth funds
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New income tax website levies late fees on tax filers
The new income tax website continues to show the old due date of 31st July 2021 instead of the extended deadline of September 30, 2021
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Know five heads that are income-eligible for tax computation
The Income Tax Act of 1961 categorises five heads of income to ensure that these various revenues are covered
