Tag archive for ‘Income’
By Loknath Das On Monday, May 20th, 2019

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 More...

By Loknath Das On Tuesday, May 14th, 2019

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...

By Loknath Das On Friday, May 10th, 2019

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...

By Loknath Das On Tuesday, April 23rd, 2019

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...

By Loknath Das On Monday, April 22nd, 2019

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...

By Loknath Das On Sunday, April 14th, 2019

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...

By Loknath Das On Saturday, April 6th, 2019

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...

By Loknath Das On Monday, April 1st, 2019

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...

By Loknath Das On Tuesday, March 19th, 2019

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...

By Loknath Das On Monday, March 11th, 2019

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...