Tax Deducted at Source (TDS) on Income from Pension and Family Pension In India more than one crore pensioners and family pensioners are getting pension under Central and State Government. The post contains the rates of deduction of income-tax from … [Read more...]
 Here is the complete list of Holidays in 2023 for Central Government Offices |
Income Tax Circular 2019 – Tax Deduction from Salaries with Illustrations
Income tax Circular 2018-19 (Assessment Year 2019-2020) for Salaried Employees Method of Tax Calculation, Relief When Salary Paid in Arrear or Advance, Income from house property, Adjustment for Excess or Shortfall of Deduction and Salary Paid in … [Read more...]
Income Tax Circular 2019 – Income Tax Rates AY 2019-20
Income Tax Circular 2019 - Income Tax Rates AY 2019-20 Income Tax Rates as per the Income Tax Circular No.01/2019 published by the Central Board of Direct Taxes on 1.1.2019 for the Financial Year 2018-19 (Assessment Year 2019-20) RATES OF INCOME-TAX … [Read more...]
Budget 2018 – Will income tax limit be raised to Rs. 3 or 5 lakhs?
Budget 2018 – Will income tax limit be raised to Rs. 3 or 5 lakhs? “The tax slab is expected to be raised in favour of government employees” According to information available, the annual budget, to be presented by Finance Minister Arun Jaitley on … [Read more...]
No Proposal to Amend Income Tax Rates – Lok Sabha Q&A
No Proposal to Amend Income Tax Rates - Lok Sabha Q&A Govt says No Proposal to Revise Income Tax Rates this year GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION No. 1355 TO BE ANSWERED ON FRIDAY, … [Read more...]
Income Tax Rates FY 2016-17 (AY 2017-18) – Finmin Orders
Income Tax Rates FY 2016-17 (AY 2017-18) - Finmin Orders INCOME TAX CALCULATOR - PRE & POST BUDGET 2017 CIRCULAR NO : 01/2017 F.No.275/192/2016-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct … [Read more...]
Central Govt setup a committee to simplify the provisions of the Income Tax Rules
Central Govt setup a committee to simplify the provisions of the Income Tax Rules Government Sets-Up A Committee to Simplify The Provisions of The Income Tax Act, 1961 The Government of India has constituted a Committee with a view to simplify the … [Read more...]
Circulation of Fake order for extension of due date for filing of Audit report and return of Income for Assessment Year 2015-16
Circulation of Fake order for extension of due date for filing of Audit report and return of Income for Assessment Year 2015-16 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, … [Read more...]
CBDT Extended the due date of filing return of income for AY 2015-16 from 31st July 2015 to 31st August 2015
Extension of due date of filing return of income for Assessment Year 2015-16 G.I., Department of Revenue, Central Board of Direct Taxes, O.M.F.No.225/154/2015/TA.II, dated 10.6.2015 Order under Section 119 of the Income-tax Act 1991 Subject- … [Read more...]
No Change in the Rate of Personal Income Tax and The Rate of Tax for Companies on Income in Financial Year 2015-16
No change in the rate of personal Income-tax Surcharge @12% Levied on Individuals, HUFs, AOPs, BOIs, Artificial Juridical Persons, Firms, Cooperative Societies and Local Authorities Having Income Exceeding Rs 1 Crore The Union Finance Minister Shri … [Read more...]
