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FM says technical glitches in I-T portal to be sorted out
The new portal was launched on June 7 with an aim to make it taxpayer-friendly. But since its launch users have been complaining of technical issues
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CBDT issues Rs 47,318 crore worth of income tax refunds
The refunds of over Rs 47,318 crores would be issued to more than 22.61 lakh taxpayers between April 1, 2021, and August 9, 2021
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Planning a vacation abroad? Keep these I-T rules in mind
The detailed monetary activities described by the various organisations/ institutions are reflected in the taxpayer’s form 26AS
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Income Tax: Professional fees is different from salary
Income received as fees from professional or technical services is categorised as income from business or profession
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I-T dept to refund excess interest, late fee paid
Some taxpayers complained that interest and late fee was charged while filing income tax return (ITR) after July 31, 2021
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Understanding the difference between cess and surcharge
Surcharge is a tax on tax that is not collected for any particular cause
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Covid-19: Tax implication if you opt for concessional loan
Employees may also avail such loans to fund kid’s education or marriage apart from a medical emergency
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Freelancing with regular job? Here are a few to save tax
Income earned by displaying manual or intellectual skills comes within the purview of income from a profession as per prevalent laws
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Investing in section 80C? Avoid these common mistakes
Section 80C of the Income Tax Act 1961 allows for a deduction of up to Rs 1,50,000 on specific investments
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Old vs new tax regime: Which is better for you?
Income Tax news: In both, if your income is less than Rs 5 lakh per annum, then you will get a rebate of Rs 12,500
