Category: Income Tax

Niti Aayog is not in favour of giving tax relief

| January 13, 2017

Niti Aayog is not in favour of giving tax relief, Please read this newspaper report published in Jagran:-

Read More

Government is ready to give tax bonanza next fiscal

| December 21, 2016

Government is ready to give tax bonanza next fiscal , Please read this news paper report published in Hindi Daily :- Click image below for larger view:-

Read More

Income Tax 2016-17 (A.Year 2017-18) Rate, Exemptions, Deductions and Rebate for Salaried Employees

| November 15, 2016

Income Tax 2016-17 (A.Year 2017-18) Rate, Exemptions, Deductions and Rebate for Salaried Employees under Section 10, Section 24, Section 89(1), Chapter VIA, and Section 87A Income Tax Rate 2016-17 TAXABLEINCOME RANGE RATE OF INCOME TAX Up to RS.2,50,000 NIL Rs.2,50,001 to Rs.5,00,000 10% of the amount by which the income exceeds Rs.2,50,000 Rs.5,00,001 to Rs.10,00,000 […]

Read More

Complete guide on when you can claim House Rent Allowance for Income Tax

| September 25, 2016

हाउस रेंट अलाउंस: कब आप कर सकते हैं क्लेम और कब नहीं आप में से अधिकतर लोग जानते हैं कि अगर आप किसी किराए के घर में रह रहे हैं तो आपकी कंपनी हाउस रेंट अलाउंस (HRA) को आपकी सैलरी में से काट के दे रही होगी। आप हाउस रेंट अलाउंस को क्लेम भी कर […]

Read More

Income Tax notices can be replied back online now

| September 12, 2016

Income Tax notices can be replied back online now, Please read this news paper report published in Hindi News Paper Hindustan :– Click image below for larger view:-

Read More

7th Pay Commission – Railway Board has issued orders on deduction of Income Tax on Arrears

| August 17, 2016

7th Pay Commission – Railway Board has issued orders on deduction of Income Tax on Arrears, Instruction given to CRIS,Railway Board orders to CRIS:-

Read More

7th Pay Commission – Arrears Soon, How To Claim Tax Relief on arrears

| August 2, 2016

In Seventh Pay Commission bonanza, lakhs of central government employees will soon receive higher salaries and arrears in one go. This may result in an increase in the tax slab of many employees as they will receive arrears from January 1, 2016. Suppose an employee’s annual salary is Rs 9.50 lakh and receives Rs 1 […]

Read More

Online Income tax return made easy by Taxman, use app or website

| July 20, 2016

Online Income tax return made easy by Taxman, use app or website, Please read this news paper report published in Hindi Daily :- click image below for larger view:-

Read More

All ITRs activated for e-filing: I-T Dept

| April 17, 2016

NEW DELHI: E-filing of income tax return for all category of filers for the assessment year 2016-17 has been operationalised. “All ITRs including ITR 6 and ITR 7 for AY 2016-17 are available for e-Filing,” the Income Tax Department said. The different category of ITRs were operationalised in a phased manner starting April 2. The […]

Read More

New Software For Filing Digitally Signed I-T Returns

| January 26, 2016

 New Software For Filing Digitally Signed I-T Returns Taxpayers had recently reported that they faced issues in using the Digital Signature Certificate at the time of uploading their Income Tax Returns. “This is because the latest browser versions have started disabling the standard way in which they support plug-in functions to address security,” the Central […]

Read More