Budget 2023 Highlights Tax The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament on 01 Feb 2023 Budget 2023: Highlights of Income Tax Slabs 2023-24 Up to Rs 3 lakh income tax rate is 0% or NIL tax. From Rs 3 lakh to Rs 6 … [Read more...] about New Rates of Income Tax Budget 2023-24
INCOME TAX
Extension of Time Limits to Provide Relief to Taxpayers in view of Covid-19 Severe Pandemic
Income Tax Due Date Extension for FY 2020-21 and AY 2021-22 CBDT Circular No.9/2021 in F.No.225/49/2021/ITA-II dated 20.05.2021 issued a Circular on Extension of time limits to provide relief to taxpayers in view of Covid-19 severe pandemic F. NO.225/49/2021-ITA-II Government of India Ministry … [Read more...] about Extension of Time Limits to Provide Relief to Taxpayers in view of Covid-19 Severe Pandemic
SB Order on reduction of rate of Tax Deducted at Source (TDS) in POSB Schemes
SB Order on reduction of rate of Tax Deducted at Source (TDS) in POSB Schemes SB Order on reduction of rate of TDS in POSB Schemes S.B. Order 23/2020 e. F.No.FS-79/2/2020-FS Government of India Ministry of Communications Department of Posts (Financial Services Division) Dak Bhawan, New … [Read more...] about SB Order on reduction of rate of Tax Deducted at Source (TDS) in POSB Schemes
Income Tax Return Filing Due Date Extended to 30 November 2020 for AY 2020-21
Income Tax Return Filing Due Date Extended to 30 November 2020 for AY 2020-21 The due date of all Income Tax Returns for Assessment Year 2020-21 will be extended to 30 November, 2020. Similarly, tax audit due date will be extended to 31 October 2020 Finance Minister announce measures for relief … [Read more...] about Income Tax Return Filing Due Date Extended to 30 November 2020 for AY 2020-21
Govt Reduced TDS and TCS Rates by 25% for the period from 14 May 2020 to 31 March 2021
Govt Reduced TDS and TCS Rates by 25% for the period from 14 May 2020 to 31 March 2021 Press Information Bureau Government of India Ministry of Finance Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS) 13 MAY 2020 READ ALSO: SB Order on reduction of rate … [Read more...] about Govt Reduced TDS and TCS Rates by 25% for the period from 14 May 2020 to 31 March 2021