Iif a person dies during a financial year, if he or she made any income during that year,  income tax return must be filed. Any...

Electric vehicles are not only cost-effective, but they also come with tax benefits in India. Due to the fact that non-electric...

Taxpayers may now access the new Annual Information Statement (AIS) through the e-Filing site. The agency emphasised in a tweet that...

The Indian government has long encouraged individuals to own homes. As a result, Home Loans are eligible for the Section 80C tax...

Tax season makes the majority of us apprehensive, which is understandable. Before we pay our taxes and file our returns, there are a few...

Let's discuss about kind of Gifts covered Monetary Gifts ( monetary gift may be received in cash, cheque, draft, etc) Gifts up to Rs...

Taxes, as well as changes in tax rates, are inescapable. Changes in tax rates can wreak havoc on your long-term financial goals....

Individuals with an annual income of more than Rs 2.50 lakh are required to file an income tax return under income tax guidelines. It is...

On June 25, 2021, at 4:00 p.m. in New Delhi, Union Minister Ravi Shankar Prasad launched the Income Tax Appellate Tribunal's (ITAT)...

Many people who are afraid of taking risks save their money in banks and post offices. With effect from the 2012-13 financial year, the...

Nobody, not even a deceased person, can avoid paying income tax if he or she is truly liable to pay tax on his or her income for a...

Union Budget 2020 introduced a new, unexpected, and yet not much change in the tax rate regime. It empowers you with options. You can...