TAX
How To Identify A Fake GST Bill? Check Simple Steps Now
Identifying a fake GST invoice is crucial to prevent tax evasion and safeguard your business from fraudulent activities.
Last Date To Pay 2nd Instalment Of Advance Tax Is September 15; Check Details
If a taxpayer fails to pay advance tax by the due date, he will have to pay interest on the amount of tax that is due under Sections 234B and 234C of the Income Tax Act, 1961
GST Form DRC-01C: All You Need to Know About Intimation On ITC Mismatches
A notification this month proposes to amend the Central Goods and Services Tax Rules with one specific new form called DRC-01C, check details about it
Income Tax Regimes Compared: 5.5 Crore Taxpayers Likely To Have Chosen New Tax Regime For FY24
New Tax Regime Vs Old Tax Regime: Though the old tax regime has been kept unchanged for FY24, the rebate under the new income tax regime was hiked to an income of Rs 7 lakh, compared with Rs 5 lakh earlier
ITR Refund Status Check: Here's How To Know Your Income Tax Refund Status
The ITR refund is normally issued within 7 to 120 days of the day the return was filed.
ITRs Filed Between Apr-June Doubles To 1.36 Cr; Are Taxpayers Changing Last-Minute Attitude?
In July, which is the last month of I-T return filing, over 5.41 crore returns were filed, taking the total number of filing to over 6.77 crore by the month-end.
Form 26AS Decoded: Here's How It Plays A Vital Role In Streamlining ITR Filing
Acting as consolidated tax credit system, Form 26AS plays an important role in all the tax payments made on your behalf by your employer or clients.
ITR Filing Crosses 1 Cr Milestone Till June 26; Know How To Register And File ITR Soon
ITR Filing 2023-24: E-filing of tax returns is mandatory for certain categories of taxpayers in India.
ITR Checklist: Keep These Documents Ready for Income Tax Return Filing
As the deadline for filing an ITR approaches, taxpayers are advised to make necessary preparations to ensure a smooth and accurate submission.
GST Collection in April 2023 At All-Time High of Rs 1.87 Lakh Cr; 'Great News For Economy', Says PM Modi
GST revenues from domestic transactions (including import of services) are 16 per cent higher than the revenues from these sources during the same month last year
Attention Taxpayers! April 30 is The Last Date For THESE Income Tax, GST Filings
Taxpayers need to file GSTR-4, TDS and Form 15G & 15H as soon as possible as their due date is tomorrow, April 30
Income Tax: Is Govt Planning To Overhaul Direct Tax Laws? What It Says
Capital gains tax is a tax levied on profit from the sale of property or an investment
Income Tax Benefits Comparison: Senior And Super Senior Citizens Should Know This Before Filing ITR
Senior citizens are those individuals who belong to the age groups of 60 years and above, but below 80 years.
These 5 GST Changes Have Become Applicable from April 1; Check Details
GST is getting dynamic with every passing month, especially in input tax credit claims and reconciliations
How To Check Income Tax Refund, TDS And Other Details Using AIS for Taxpayer App
AIS For Taxpayer: The taxpayer needs to register on the app by providing PAN number, authenticate with the OTP sent on mobile number and e-mail registered.
New Income Tax Regime Allows You These 3 Deductions To Save Taxes
Though the old regime offers a large number of deductions like 80C, 80D and 80CCD, the new tax regime also has few deductions that a taxpayer can claim