Last date to File ITR for FY 2019-20 extended - Income Tax Department has extended the last date for filling the Income Tax returns. The new dates for filing income-tax returns (ITR) for Financial Year 2019-20 has been extended till...
Apply and get free ePAN card online - Income Tax department has introduced the facility of providing instant PAN card online. All the valid Aadhaar card holders may apply online and get the ePAN online. The allotment process is paperless,...
Know the category of Tax Payers who can't choose between Old & New Tax regime every year - The Budget of FY 2020 proposes to provide option a taxpayer to choose between the existing income tax regime and a new...
Compare Income tax regime between New & Old - The Finance Act 2020, allows employees, pensioners and others to choose between two different tax slabs (i.e. Old & New tax regime). Old Tax Regime allows employees and others to claim...
Income Tax calculation for FY 2020-21 and AY 2021-22 - Union government has introduced a new income tax strucre along with the existing one. The new income tax regime is optional, and individuals can either opt for the new regime or file their taxes...
New Income Tax Slab Rate for FY 2020-21- Union Finance Minister has proposed new income tax slabs and lower rates on Income Tax slabs up to Rs 15 Lakhs. Catch is - These income tax rates are optional and are...
5 Key Changes introduced in this year Income Tax Slab - Income tax slab rates unchanged but announced a slew of new income tax proposals that could impact many tax payers. The government announced that Aadhaar and PAN would be...
Finance Minister has announced the Income tax rebate in FY 2019-20 with complete tax rebate on income up to Rs 5 lakh. He has declared complete rebate in income tax on taxable income up to Rs 5 lakh. This is...