income tax
Tax Evasion To Get Tough As New Form 26AS Puts High-Value Transactions Under Greater Scrutiny
As per CBDT, the improved Form 26AS will include some of the high-value transactions done by a taxpayer in a financial year
Only 1% Indians will Pay Tax This Year, Shows IT Dept Data
Out of the total 5.78 crore individuals who filed tax returns in financial year 2018-19, about 4.32 crore individuals reported income below INR 5 lakh
[Budget 2020] Why Switching To New Tax Regime May Do More Harm than Good
The new tax regime is expected to result in more tax outgo for lower salary incomes and impact savings but on the contrary it can benefit senior citizens and non-salaried individuals
[Budget 2020] A Precious Little Something for Everyone
Rejigging of tax slabs appears a welcome move at first however, it is important to look closely into the implications of forgoing your deductions u/s 80C, 80D, 8024(b) etc
Expectations Of a Young Entrepreneur From Union Budget 2020
While it is expected that the Budget's focus is going to be on measures that can revive the struggling economy, a focus on more investment in information technology is required
#RoadforStartups: CBDT Announces Assessment Plans to Balance the Tightening of Noose around Start-ups
CBDT All Set to Tighten the Noose around Start-ups Based on a Three-Category Assessment Plan
#Budget2019: Indian Start-ups Can Rejoice as Gov Announces Relief from Angel Tax & Income Tax Scrutiny
The Finance Minister, in the Budget 2019 has talked about start-ups at length and has rolled out some elaborate plans for the ecosystem
Advisory Firm EY Wants Indian Govt to Tax Professionals & Employees Equally: Finance Ministry Rejects the Demand
What the salaried Indians want from Budget 2019 & what the Finance Ministry can offer?
Over 5k 'Risky' Exporters Identified for Fraud in GST Return
Fraudulent claims of Integrated GST (IGST) refunds by exporters could exceed INR 1,000 crore
5 Things You Should Know About Tax Filing
Recently, there have been major changes in the format and here's what we are talking about
A Big Day for Startups: Government Simplifies Exemptions for Angel Tax
The definition of Startups has been revised and the process of exemptions under Section 56 (2) (viib) of Income Tax Act is simplified, says Suresh Prabhu
Here is How #Budget2019 Impacts Your Taxes
You will have more money in hand to spend
