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Covid-19 hits salaries, income tax collections plunge in FY21
Provisional data shows that Mumbai region is leading from the front in tax collection. This region contributes almost 32% to the country’s personal
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Government should reward individual taxpayer
The contribution of the individual taxpayer, despite all the hardships, has surpassed the corporate sector, and the government must reward this perfor
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How to manage finances of a deceased person
It is important that the family knows how to deal with the financial matters of the deceased member and does not suffer from any harassment
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Filing income tax returns for a deceased person
The second wave of covid-19 has claimed a lot of lives in India. It becomes imperative to understand how to file tax returns for the departed individu
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Tax Refunds: Over Rs 25,000 crore issued to taxpayers, says CBDT
The refunds issued in the 2020-21 fiscal was 43.2 % higher than Rs 1.83 lakh crore issued in 2019-20 fiscal, which ended March 31, 2020.
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Form 16 deadline delayed, but the deadline for this category remains same
If an individual misses the deadline of self-assessment tax, then under Section 234 A, a penalty will be levied
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New income tax e-filing portal to be launched on June 7
The existing e-filing portal will not be available to taxpayers and department officers for a period of six days from June 1 to June 6
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Landmark Income Tax changes: All you need to know
These changes in the past 10 years have evoked varied reactions from taxpayers
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Tax-saving FDs: Five banks offering higher interest rate
Tax-saving FDs come with a lock-in period of 5 years and more
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Retiring now? Plan taxes effectively
Prominent investment adviser recommends a few steps for effective tax planning for retirees
