Tuesday, May 11, 2021

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income tax act

Budget 2020: Dual tax regime, a complicated tax structure that may require professional help

Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable. 

Deadline for linking of PAN with Aadhaar extended till end of the year 2019

Linking of PAN with Aadhaar has been made mandatory and upheld by the SC

Budget 2019: Here is how people earning upto Rs. 75,000 per month can pay zero income tax

Taking into account various deductions along with enhanced income tax rebate, incomes upto ₹9,50,000 per year may not need to pay tax

Modi govt cracks down on shell companies: 16,500 entities confirmed, another 80,000 under investigation

The present government has been coming down massively on economic offenders.

73,000 deregistered companies deposited Rs 24,000 crore post demonetisation, shows govt data

Narendra Modi has made the 'war against the black money' as the top priority of the government

The crackdown continues : Income Tax Department unearths Rs 3,200 crores TDS scam

A total of 447 companies are under scanner for not depositing TDS deducted from employees

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