NRIs cannot submit Form 15G/H: What can they do to lower TDS on income from India?Any income earned by Non-Resident Indian (NRI) in India is subject to tax in India. The incomes are credited into the NRI account after TDS...
11 Apr, 2023, 10.47 AM IST
New tax dispute settlement scheme to involve only faceless interaction: Revenue secyHinting that the income tax rates may come down slightly more in future, finance minister Nirmala Sitharaman said that in the long run, the...
07 Feb, 2020, 04.21 PM IST
Anti profiteering in GST– Is litigation an option?The premise of anti-profiteering is that if the government has given up its revenue, this benefit has to be passed on and enjoyed by the co...
18 Feb, 2019, 11.14 AM IST
You can now access I-T return filing account without updating contact, profile detailsThe advisory issued on September 22 said, "New Registration process to facilitate effective communication between the tax payer and departm...
26 Sep, 2017, 05.08 PM IST
Taxation of income from sale of listed shares: CBDT circular to reduce disputesThe circular may enhance determination of nature of income on transfer of shares. Taxpayers have an option to decide how they want to treat...
31 Mar, 2016, 12.27 PM IST
Budget 2015 doesn't have much for individual taxpayers: ExpertFinance Minister Arun Jaitley offered individual tax payers two options in terms of savings - Employee Provident Fund (NPF) and the New Pen...
03 Mar, 2015, 09.48 AM IST
Budget 2015 doesn't have much for individual taxpayers: ExpertsThe only direct benefit for employees would be an additional Rs 800 they will receive in their monthly salaries.
28 Feb, 2015, 06.14 PM IST
Filing your income tax return, look at CBDT circular firstCBDT has come out with guidelines on procedural aspects of filing ITR, based on tax payers’ annual income. Here is a quick look of changes ...
13 Jul, 2012, 03.39 PM IST
- Want to invest in infrastructure bonds? Do it now, don't wait for better yields
Infrastructure bonds are one of the investment options to save tax. Investments of up to Rs 20,000 in such bonds qualify for tax exclusion.
01 Dec, 2011, 01.56 AM IST
- File e-returns, get income-tax refunds in a month
There is an incentive for taxpayers who file their income-tax returns electronically — they will get their refunds within a month.
19 Apr, 2011, 05.30 AM IST
- Specified bonds can spare you capital gains tax
Our expert offers tips on various tax-related issues.
08 Jul, 2010, 01.32 AM IST
- Watch out for the changes in capital gains tax regime
Our Expert offers tips on various tax-related issues in this weekly column.
01 Jul, 2010, 01.08 AM IST
- E-filing of tax returns now mandatory
Assessees who have to give audit reports will also have to make e-payment of taxes. Tax-payers can make electronic payment of taxes through...
24 Jan, 2008, 12.24 AM IST
- Now, file your tax returns at post offices too
Here’s some good news for taxpayers still to file their income tax returns. Tax payers will now be able to file returns at designated post ...
25 Jul, 2006, 01.34 AM IST
- AIR to door: Taxman won’t come knocking at will
The recent uproar over the income tax department seeking cash flow statements of individual tax payers could result in some safeguards bein...
11 Jul, 2006, 03.36 AM IST
- Life may become Saral again
Revenue secretary K Chandrasekhar on Thursday indicated that the revenue department may exempt lower level salaried tax payers from the new...
09 Jun, 2006, 02.48 AM IST
- Govt may give FBT relief to corporates
The government is examining a host of options which could lower companies’ tax liability.
31 Jan, 2006, 01.04 AM IST