complete tax solutions

Income Tax Management

Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman

complete tax solutions

Income Tax Management

Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman

Estimated Income Method - for Computing Business Income in Certain Cases
Special Provisions for computing Business income in certain cases on the basis of Estimated Income Method...
Read More
Compensation on Retrenchment [Section 10(10B)]
Section 10(10B) of the Income Tax Act in India provides an exemption for compensation received by employees...
Read More
Investment in Public Provident Fund (PPF)
The Public Provident Fund (PPF) scheme is a very popular long-term savings scheme in India because of...
Read More
Investment in Post Office FD for Tax Savings
The Government of India’s Department of Posts, Ministry of Communications, offers fixed deposit accounts...
Read More
Highlights of The Union Budget 2024-25 - Press Release by PIB
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi...
Read More
Exemption on Sale of Agricultural Land Under Section 54B
Introduction Section 54B of the Income Tax Act, 1961, provides an exemption on capital gains arising...
Read More
Amendment of Sections (Income Tax-Direct Taxes) under Finance Bill (No.2), 2024.
Amendment of Section 2 [Total Income” for the purpose of Taxation] 3.  In section 2 of the Income-tax...
Read More
Capital Gains Taxation Simplified and Rationalised under Budget 2024-25-Press Release by PIB
Ministry of Finance CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED SHORT TERM GAINS TO ATTRACT A...
Read More
Investment in Post Office Time Deposit Account (POTD)
Is one of the most well-known investment schemes offered by the India Post. While the scheme is open...
Read More
Travel Concession or Assistance received by an individual from his Employer [Section 10(5)]
Section 10(5) of the Income Tax Act allows for certain tax exemptions on travel expenses provided by...
Read More
Income of an Electoral Trust shall be Exempt [Section 13B]
An Electoral Trust is a unique entity that plays a crucial role in the political funding of political...
Read More
Taxation of Pensions and Exemptions for Pensioners
Pensions are fixed sums of money that individuals receive at regular intervals after retirement. They...
Read More
PAN Card for NRI
1.  Documents Required to Apply for NRI PAN Card As a Non-Resident Indian (NRI), obtaining a Permanent...
Read More
Instance of Income held to be Agricultural / Non-Agricultural Income
In the following Cases, Instances of Agricultural and Non-Agricultural Incomes are described in details...
Read More
Tax on Non-monetary Perquisites paid by employer [Section 10(10CC)]
Section 10(10CC) of the Income Tax Act, 1961 deals with the taxation of non-monetary perquisites provided...
Read More
Amendments Relating to Customs Duty Exemptions / Concessions Being Allowed to Lapse with effect from 30.9.2024 under Finance (No.2) Bill, 2024.
Certain BCD exemptions entries under S No. 50/2017-Customs dated 30.6.2017 and other notifications are...
Read More
Conversion of Proprietorship/Partnership into a Limited Company: A Tax Perspective
The transformation of a Partnership Firm or a Proprietorship Firm into a Private Limited Company is a...
Read More
Taxation of ESOPs (Employee Stock Option Plan) in India and Abroad
Employee Stock Option Plan (ESOP) has gained popularity as a tool for employee retention, especially...
Read More
[Section 80QQB]: Deduction in respect of Royalty Income of Authors
Section 80QQB of the Income Tax Act provides a deduction in respect of royalty income earned by authors....
Read More
Government Makes New Tax Regime More Attractive Under Budget 2024-25 (Press Release by PIB)
Ministry of Finance GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE STANDARD REDUCTION INCREASED FROM...
Read More
1 2 3 14

Knowledge Base on Taxation

It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.

Equalisation Levy (EL) Act, 2016
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
Equalisation Levy (EL) Rules, 2016
S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section...
Equalisation Levy (EL) Statement Scheme,2023
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
Equalisation Levy (EL) Booklet
1. What is equalization levy (EL)? This is a tax leviable on consideration received or receivable by...
Changes Brought About in Capital Gains in the Finance (No.2) Bill, 2024
The Finance (No. 2) Bill, 2024, has introduced several significant amendments to the capital gains tax...
Understanding Advance Tax and Self-Assessment Tax in India
Understanding the intricacies of advance tax and self-assessment tax is crucial for both compliance and...
Detailed Analysis of Section 234C of the Income Tax Act.
Section 234C of the Income Tax Act, 1961, pertains to the levy of interest for deferment of advance tax....
Comprehensive Analysis on ESOP Taxation in India
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
FORM 3CD: Explanation & Applicability
Tax Audit Forms The Incomes prescribed two types of forms for tax audit: Audit Report: The audit report...
Understanding the Taxation of Dividends in India: From Dividend Distribution Tax to Recipient-Based Taxation
The taxation of dividends in India has undergone significant changes over the years. This article aims...
1 2 3 14

Press Release by PIB (Press Information Bureau)

Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.

CBDT rolls out e-DRS Scheme, 2022 (PIB Press Release)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)-Press Release by PIB
Ministry of Finance CBDT issues clarification in respect of Income-tax clearance certificate (ITCC) It...
CBDT relaxes provisions of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar-(Press Release by PIB)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,...
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget 2024-25 - (Press Release by PIB)
Ministry of Finance FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Government Makes New Tax Regime More Attractive Under Budget 2024-25 (Press Release by PIB)
Ministry of Finance GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE STANDARD REDUCTION INCREASED FROM...
Capital Gains Taxation Simplified and Rationalised under Budget 2024-25-Press Release by PIB
Ministry of Finance CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED SHORT TERM GAINS TO ATTRACT A...
Highlights of The Union Budget 2024-25 - Press Release by PIB
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi...
CBDT extends due date for filing Form 10A/10AB-Press Release by PIB
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims - Press Release by PIB
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
Functionalities to file commonly used ITRs enabled by CBDT on 1st April, 2024
Government of India Department of Revenue Ministry of Finance Central Board of Direct Taxes New Delhi,...
1 2 3 14
Scroll to Top