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Getting a notice from the Income Tax Department seems common and scary. But you don’t need to worry unless you have all your proof in hand and reply to t...
To provide the benefit of exemption to taxpayers from Capital Gains, the government introduced the Capital Gains Accounts Scheme in 1998. It provides tax b...
Vivad se Vishwas Scheme 2.0 (VSVS II) was introduced on the latest Budget 2024 by FM Nirmala Sitharaman. This is a Voluntary Settlement Scheme, a very impo...
The Senior Citizen Savings Scheme (SCSS) stands as a pivotal financial instrument specifically designed for the elderly population of India, targeting indi...
Deduction under Section 80JJAA was introduced in the Finance Act, of 2016 by the former FM Arun Jaitley. Several deductions are available in the Income Tax...
Who doesn't want to save on taxes? Everyone does! That's why tax deductions are so important. They benefit taxpayers by reducing their tax burden and help...
The reach of social media has increased immensely across the globe, from urban to rural areas. It has been a career option for many people. In today's worl...
A record-setting number of income-tax returns has been filed in India. ITR filing has reached a new level this year, with 7.28 crore people filing an ITR b...
On March 26th, 2024, the Ministry of Finance, under the Department of Revenue, Central Board of Direct Taxes, issued Notification No. 36/2024. This notific...
Angel Tax has been a matter of contention for several years. Angel tax is the income tax charged by the government on funding obtained by unlisted companie...
Making this the first true value generator on the Internet. It of over 200 Latin words, combined with a handful.
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