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Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases
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While certain tax-saving instruments come with a mandatory lock-in period, some allow premature withdrawals
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When we rush to save tax in March, we tend to buy products which don't give great returns; some of the investments we make may not be ideal
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It is incorrect to expect returns from a health insurance policy. The objective is to protect your finances against unexpected medical expenses
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I-T department officials said that despite the pandemic, they were trying to ensure that the refunds are made promptly
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You first need to calculate your tax liability and check, what deductions you’re eligible for how much you’ve exhausted
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If you have given the house on rent, you can offset the rental income with the interest on borrowed capital
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The deadline for linking your PAN card with Aadhaar, which was earlier June 30, 2020, has been revised to March 31, 2021.
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Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers
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Department leniently treating cases in order to instill confidence among tax payers, said lawyers