Income Tax
How to pre-validate a bank account?
Last updated on September 12th, 2022 at 11:38 am
Income Tax
GST
What to do if your bank has merged?
Last updated on May 9th, 2021 at 07:59 pmFinance Minister Nirmala Sitharaman had announced the merger of 10 public sector banks into four major banks on 30th August 2019. The government announced the merger of […]
Income Tax
Vivad se Vishwas Scheme
Last updated on May 9th, 2021 at 08:04 pmVivad se Vishwas Scheme Honorable Finance Minister Nirmala Sitharaman had announced the Direct Tax Vivad se Vishwas Scheme in her speech on Union Budget 2020. The Direct […]
Income Tax
TDS on Sale of Property
Last updated on August 29th, 2022 at 12:43 pmTDS on Sale of Property Section 194 IA – TDS on sale of property As per section 194-IA of Income Tax Act 1961, A buyer of immovable […]
Income Tax
Income Tax Deduction of interest on deposits
Last updated on July 24th, 2022 at 09:37 amIncome Tax Deduction of interest on deposits Deduction in respect of interest income on deposits can be claimed under section 80TTB by senior citizens & under section […]
Income Tax
Changes in Provident Fund – BUDGET 2021
Last updated on January 23rd, 2022 at 05:23 pmChanges in Provident Fund – BUDGET 2021 Employees Provident Fund – Background Provident Fund is a retirement benefits scheme. Under this scheme, an employee contributes a certain […]
GST
Budget 2021: Highlights
Last updated on January 23rd, 2022 at 03:11 pmBudget 2021: Highlights The first budget of the new decade has been presented today, on 1st February 2021, Monday by Union Finance & Corporate Affairs Minister Smt. […]
Income Tax
Due Date for TDS and TCS Returns
Last updated on October 29th, 2022 at 06:19 pmDue Dates of TDS & TCS Returns for FY 2022-23 Quarter TDS Return Due Date TCS Return Due Date Apr 2022 to Jun 2022 31st Jul 2022 […]
Income Tax
Penalty for TDS/TCS Returns
Last updated on July 31st, 2022 at 11:07 amPenalty for TDS/TCS Returns A penalty under section Section 271H of the Income Tax Act,1961 shall be levied for failure to furnish the TDS/TCS returns. When penalty […]
GST
Finance Minister launches “Union Budget Mobile App”
Last updated on May 9th, 2021 at 08:37 pmFinance Minister launches “Union Budget Mobile App” on 23rd February 2021, Saturday the final stage of Union Budget 2021-22 commenced with Halwa Ceremony in North Block. It […]