Income Tax return: No relief for Indian citizens with foreign assets
The Income Tax Department will retain the detailed questions on foreign assets and income of residen...
Provident funds: Premature withdrawal to be subject to TDS
Provident fund withdrawals before five years of completion of service will now attract income tax ra...
9 major changes relating to TDS and TCS proposed in Budget 2015-16: Effective from June 01, 2015
Given below are the list of changes applicable from 1st June, 2015 for TDS and TCS amendments: 1. R...
TDS CHART FOR A Y 2015 -16 (F Y 2014-15)
Section Nature of Payment Threshold Limit of Payment Rates 192 Income from Salary ...
TDS/TCS CHART FOR AY 2016-17 (FY 2015-16)
Section Nature of Payment Threshold Limit of Payment FY (2014-15) Form 15G/1...
Saving Tax through Parents
Many of our users write to us asking about tips to save tax. While it may not be feasible to curtail...
ITR Simplified
Ministry of Finance 31-May, 2015 13:53 IST Income Tax Return Forms ITR 1, 2 and 4S Simplified for...
INCOME TAX DEPRECIATION CHART
Rates of depreciation as per Income Tax Act, 1961 [Depreciation allowance as percentage of written d...
ITR forms simplified – New ITR – 2A to come – due date extended to 31 August 2015
Government to simplify ITR Forms – New ITR-2A to come – Due Date extended to 31.08.2015 ...
Income Tax forms return to saral format; foreign travel disclosures not needed
The finance ministry on Sunday revised the tax return forms for different classes of tax payers, dro...