Income Tax Slab / Rates for FY 2016-17 AY 2017-18
The Union Finance Minister Shri Arun Jaitley in his Budget Speech ON 29/02/2016 in Lok Sabha propose...
BEPS: Base Erosion and Profit Shifting in India
BEPS stands for Base Erosion and Profit Shifting. BEPS are the guidelines issued by the organization...
CBDT INSTRUCTION FOR PASSING RECTIFICATION ORDER IN WRITING AND WITHIN TIME LIMIT OF SIX MONTH
CBDT vide Instruction No. 02/2016 dated 15-02-2016 issues direction that all rectification applica...
CLARIFICATION OF THE TERM INITIAL ASSESSMENT YEAR IN SECTION 80IA (5) OF THE INCOME-TAX ACT 1961
Circular No. 1 /2016 Government of India Ministry of Finance Department of Revenue Central Board of ...
How to Build a Portfolio of Tax-saving Investments
Money saved is money earned. But saving on income tax shouldn’t be the sole purpose of investing i...
Tax Exemption on Insurance Premiums
Most salaried individuals would have received emails from their office HR department regarding submi...
To Be or Not to Be: The Questions Indians are Asking Before Budget 2016
With Arun Jaitley’s third budget looming up ahead, a lot is expected from the Finance Minister in ...
TAX PLANNING TOOLS IN INDIA FOR AY 2016-17
There are various scheme introduced by Government in their budget. Followings are most popular Tax P...
e-Verification of Income Tax Return: Process and Manual
e-filing income tax return has become a lot easier. Now, you are not required to send ITR-V to compl...
Taxpayer can now e-verify ITR using DEMAT and bank account
The Income tax department recently has introduced two additional modes of Electronic Verification of...