Tag archive for ‘Tax’
By Loknath Das On Wednesday, June 13th, 2018
0 Comments

Planning to take interest-free loan from your employer? Now pay income tax on it

The employee who receives an interest-free loan must ensure that his employer deducts TDS on the total salary income, including the perquisite value of such a loan. Getting interest-free loans from employers More...

By Loknath Das On Wednesday, June 13th, 2018
0 Comments

Two Days Left To Pay First Instalment Of Advance Income Tax

Advance tax deadline: Quoting of your PAN is mandatory while filing income tax returns. June 15 is the last date to pay the first instalment of advance income tax. Days ahead of the advance income tax deadline, More...

By Loknath Das On Saturday, June 2nd, 2018
0 Comments

All Seven Forms Of Income Tax Return Uploaded For E-filing. What Are These Forms. Details Here

The ITR-2 form is used by individuals and Hindu Undivided families (HUFs) HIGHLIGHTS Seven types of ITR forms applicable to different assessees Last date to file income tax return is July 3 Taxman started More...

By Loknath Das On Saturday, June 2nd, 2018
0 Comments

Fire breaks out at Income Tax office in Mumbai’s Scindia House

Firefighters try to douse a fire which broke out at Scindia House building in South Mumbai on Friday. (PTI) MUMBAI: A fire broke out in the Income Tax office in South Mumbai on Friday, but no casualties were reported, More...

By Loknath Das On Saturday, June 2nd, 2018
0 Comments

Be An Informer For Income Tax Department; Earn Up To Rs. 5 Crore

The reward scheme is aimed at encouraging people to give info on benami transactions (Representational) NEW DELHI:  Sharing “specific information” with the income tax department about any benami transaction More...

By Loknath Das On Tuesday, April 17th, 2018
0 Comments

Bitcoin traders are banking on a big rebound once Tax Day passes

Bitcoin prices were lower Monday ahead of the much-anticipated tax deadline, which bullish pundits say has been holding back the digital currency this year. The cryptocurrency was trading near $8,025.55 as of More...

By Loknath Das On Tuesday, April 3rd, 2018
0 Comments

From Income Tax Rules To New GST E-Way Bill; Changes That Came Into Effect From April 1

The new income tax (I-T) rules came in force from April 1. There are some major announcements and financial changes that came into effect from April 1, 2018, the first day of financial year, 2018-19. These includes More...

By Loknath Das On Tuesday, April 3rd, 2018
0 Comments

Income Tax Returns (ITR) Filing Deadline Ends Today. Ten Things To Know

ITR filing online is quite convenient on the income tax filing portal HIGHLIGHTS You can file revised income tax return before March 31 ITR-1 should be used for filing tax return by the salaried individual Income More...

By Loknath Das On Tuesday, April 3rd, 2018
0 Comments

How Much Extra Income Tax Senior Citizens Can Save This Year

Extra deduction under Section 80TTB for senior citizens will be applicable from FY 2018-19. Finance Minister Arun Jaitley in Budget 2018 announced many changes in income tax laws which will help reduce the More...

By admin On Friday, March 9th, 2018
0 Comments

Tips for Keeping Track of Tax Receipts

The Internal Revenue Service (IRS) requires that you file your taxes every year. Whether you file as a married person or a single person, you have the option of taking the standard deduction or making your own deductions. More...