Tax payers

IT Returns Filing online to be Easier 25 March 2015

After receiving complaints from the tax payers including those who have submitted IT returns online, the income tax (I-T) department is reportedly planning to ease the process of e-filing. The proposed change may give off the requirement of submitting the...

Keywords: IT returns online, E-returns submission, IT Returns online, Hard copies of IT returns

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Govt Waives Penalty On Late Filing Of GST Returns For Aug, Sep 24 October 2017

Govt Waives Penalty On Late Filing Of GST Returns For Aug, Sep:- The penalty for filing late returns for the months of August and September has been waived by the government on Tuesday. Moreover, the money already paid as penalty...

Keywords: Tax Payers, Arun Jaitley, GSTR-3B, Tax Payers

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No Income Tax For Individuals With Income Up To Rs 5 Lakhs 01 February 2019

No Income Tax For Individuals With Income Up To Rs 5 Lakhs:- Union Finance Minister Piyush Goyal proposed during the budget that all the individuals with income upto Rs 5 lakhs need not pay any income tax for the financial...

Keywords: union budget updates, union budget updates, union budget latest, union budget latest

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More relief for tax payers 10 March 2015

Finance Minister Arun Jaitley introduced an additional income tax deduction of Rs. 50,000 for contribution to the New Pension Scheme (NPS) under Section 80CCD. The extra deduction of Rs. 50,000 on NPS can help those in the highest tax bracket...

Keywords: New Pension Scheme, Finance minister, New Pension Scheme, Income tax

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