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
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
******
New...
When it comes to retirement planning, superannuation funds play a crucial role in providing financial...
Any profits or gains arising from the transfer of a capital asset effected in the previous year, shall...
Section 80JJAA of the Indian Income Tax Act, 1961 provides a valuable deduction for employers who create...
There are many incomes which are taxable under the head ‘Income from Other Sources’. However, section...
Under Section 10(18) of the Income Tax Act, certain awardees and their family members are eligible for...
Gratuity is a significant part of an employee’s remuneration package. It is a payment made by an employer...
Is one of the most well-known investment schemes offered by the India Post. While the scheme is open...
Amendment of Section 2 [Total Income” for the purpose of Taxation]
3. In section 2 of the Income-tax...
(A) Providing Tax Relief
A.1 Substantial relief is proposed under the new tax regime with new slabs and...
When a disaster strikes, it can cause immense damage to life and property. In such difficult times, the...
1. Individual and HUF Applicants who are Citizens of India and Located Within and Outside India at the...
1. Gratuity
Gratuity is a payment made by the employer to an employee in appreciation of the past services...
Section 10(6) of the Income Tax Act, 1961 provides an exemption from income tax for certain income received...
Insertion of new section 8A.
153. In the Goods and Services Tax (Compensation to States) Act, 2017 (15...
Section 10(10CC) of the Income Tax Act, 1961 deals with the taxation of non-monetary perquisites provided...
Section 50C of the Indian Income Tax Act, 1961, is applicable to the computation of capital gains in...
A. Changes in Basic Customs Duty (to be effective from 24.07.2024)
S. No.
Chapter, Heading, sub-...
Following Business are required to get their Accounts compulsory Tax Audited by a Chartered Accountant...
Pensions are fixed sums of money that individuals receive at regular intervals after retirement. They...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section...
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
1. What is equalization levy (EL)?
This is a tax leviable on consideration received or receivable by...
The Finance (No. 2) Bill, 2024, has introduced several significant amendments to the capital gains tax...
Understanding the intricacies of advance tax and self-assessment tax is crucial for both compliance and...
Section 234C of the Income Tax Act, 1961, pertains to the levy of interest for deferment of advance tax....
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
Tax Audit Forms
The Incomes prescribed two types of forms for tax audit:
Audit Report:
The audit report...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
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...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi,...
Ministry of Finance
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Ministry of Finance
GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE
STANDARD REDUCTION INCREASED FROM...
Ministry of Finance
CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED
SHORT TERM GAINS TO ATTRACT A...
Ministry of Finance
HIGHLIGHTS OF THE UNION BUDGET 2024-25
Posted On: 23 JUL 2024 1:17PM by PIB Delhi
The...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
******
New...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
******
New...