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Tax-free & tax savings bonds: End confusion with this guide
Tax savings: You can buy tax savings bonds from all public sector banks such as SBI, PNB, BoB and big private banks like HDFC Bank and ICICI Bank
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Taxpayers can now file ITR, late fee issue resolved
The income tax department has updated its portal to capture the extended deadline of filing returns
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Income Tax: Benefits for senior citizens
Senior citizens also get higher tax benefits on expenses made on account of any medical treatment for specified diseases, etc
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I-T department extends deadline for various tax compliances
The CBDT has also decided to extend the due dates for electronic filing of forms related to intimation by pension funds and sovereign wealth funds
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New income tax website levies late fees on tax filers
The new income tax website continues to show the old due date of 31st July 2021 instead of the extended deadline of September 30, 2021
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Know five heads that are income-eligible for tax computation
The Income Tax Act of 1961 categorises five heads of income to ensure that these various revenues are covered
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Income tax practitioners complain of glitches on I-T portal
This year, some tax professionals apprehend, the dates have to be extended thanks to the glitches of the new revamped IT portal
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CBDT to issue Rs 43,991 worth of income tax refunds
Out of the total amount refunded, personal income tax comprised of Rs 13,341 crore and corporate tax refunds amounted to Rs 30,651 crore
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Over 25.82 lakh ITRs filed on new IT e-filing portal: Data
On Tuesday and Wednesday that number had increased to 1.5 lakhs indicating an improvement in the portal's operation
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File ITR for these benefits even when income is non-taxable
When a person's gross total income exceeds the exemption limit, they have to file an Income Tax Return (ITR)
