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New TCS as per Section 206C(1H)
Background - TCS as per Section 206C(1H) : With effect from 01.10.2020 , Government has introduced Tax Collection at Source (TCS as per Section 206C(1H)) @ 0.10%... Read more.
Extension of due date of furnishing of Income Tax Returns and Audit Reports for AY 2020-21
Today Ministry of Finance has published below press release for extension of due date of ITR and audit report for FY 2019-20 ( AY 2020-21) Ministry of Finance Extension... Read more.
Highlights of Announcements by FM on Tax Compliance and Regulatory Matters on 24th March 2020
Income Tax1. Extend last date for income tax returns for (FY 18-19) from 31st March, 2020 to 30th June, 2020. 2. Aadhaar-PAN linking date to be extended from 31st... Read more.
Finance Bill 2020 and Budget Speech 2020
Indian Finance Minister, Smt. Nirmala Sitharaman, has presented Union Budget 2020-21 today in the Parliament. Click below link to download Memorandum Explaining... Read more.
Corporate tax rates slashed to 22% for domestic companies
Government has slashed corporate tax rates to 22% for domestic companies. Please find below Press Note for your ready reference. PRESS NOTE Corporate tax rates slashed... Read more.
TDS Rates Chart for FY 2019-20 ( AY 2020-21)
What is TDS and TDS Rates Chart? TDS means Tax Deducted at Source. So when Income is paid or credited to payee (whichever is earlier), payer has to deduct tax at... Read more.
EMI Calculator
EMI Calculator In this post, we have tried to provide easy to use EMI Calculator. Equal Monthly Installment (EMI) is very useful in case of home loan, personal loan,... Read more.
CBDT has extended due date of filing of return of Income for FY 2018-19 to 31st Aug, 2019
CBDT has extended due date of filing of Income Tax return for FY 2018-19 ( AY 2019-20) for certain class of tax payers from 31st July, 2019 to 31st August, 2019.... Read more.
Finance Bill 2019 (No.2) – Budget Highlights
Finance Minister Nirmala Sitharaman has presented Finance Bill (No.2) on 5th Jul,2019. Below mentions are Finance Bill 2019 (No.2) – Budget Highlights. This article... Read more.
Copy of Finance Bill (No.2)- 2019
Finance Minister Nirmala Sitharaman has presented the finance budget in Parliament today. Copy of Finance Bill (No.2) ,2019 is attached . Click below link to download... Read more.