ITR filing FY19: Step-by-step process to file income tax return online
Last date to file an income tax return for the financial year 2018-19 is July 31, 2019, in order to avoid the last minute glitch, you can file your return online. Here is the step-wise process ITR filing FY19: Step-by-step process to file income tax return online New Delhi: If you have gathered all the required documents for filing an income More...
How much income tax is payable on rental income
In order to assess the accurate income tax liability at the time of filing income tax returns, a user has to calculate the total earnings in a particular financial year or an assessment year. tax rate applicable More...
Viewpoint | Things to keep in mind while filing your income tax return this year
The tax return filing season has begun and with it surface questions and doubts that taxpayers usually have. There are a few essential things that tax filers must bear in mind about the return filing process. More...
TDS on salary income will depend on Investment Declaration to your employer: What if you fail to submit it?
What if the employees do not submit the Investment Declaration to their employers in April? If you are thinking that the tax-saving season had ended on March 31, 2019, and it’s time to push tax-related affairs More...
The income tax returns filing just got more complicated
The revamp of the income tax return (ITR) forms has become an annual ritual and over the years, with the salaried class bearing the brunt of the changes. While the one-page ITR-1 to be filed by the salaried has More...
Income Tax Return filing: How freelancers, consultants can save taxes while filing ITR
Income Tax Return filing: Income earned by a freelancer is taxable as Profits & Gains from Business or Profession. India is heading towards being a Gig economy, where temporary, flexible jobs are common place More...
Income tax won’t be raised to fund Nyay scheme: Rahul Gandhi
Pune: Congress president Rahul GandhiFriday said his party’s manifesto was an expression of the people of India and ruled out burdening the middle class to fund the anti-poverty scheme Nyunatam Aay Yojana More...
From income tax to GST, seven changes from April 1
With the start of the new financial year 2019-20 from today, a slew of changes that can affect your financial planning as a few changes related to income tax and GST come into effect from April 1. As announced More...
Income Tax Saving: 5 tax saving mistakes millennials need to watch out for
Tax Saving Mistakes: Tax planning is a year-long process and waiting until the last-minute can increase your chances of making mistakes. Millennials today manage their own finances. BankBazaar’s Aspiration More...
Stocks of 5 companies where income is growing faster than expenses are good investments
The aggregate total expenditure of the 4,100 companies that have declared third quarter results so far rose 19%, year on year, on a consolidated basis. This, combined with relatively weak macro data, makes it More...