Recent Changes in Form 26AS: What Taxpayers Need to Know Introduction Among the recent changes in Form 26AS, one of the most significant updates is its renaming as Form 168 under the Income Tax Act 2025, effective from 1 April […]
Income Tax Rates Slab for FY 2022-23 (AY 2023-24) Every year, after the budget it is necessary to check whether there is any change in the Income Tax Rates in India. Well, this year as well the Finance Ministry has […]
Know who should file income tax returns for FY 2021-22. Understand if you are liable to file the return. Income Tax Department has notified 7 various forms up till now i.e. Form ITR 1 to ITR 7 for filing Income […]
A guide to the Taxpayer – What is Professional Tax? And Who is eligible to pay Professional Tax Rate? Many salaried employees in India are unsure what is a Professional Tax? And why does it appear as a deduction from […]
Form 16: What It Is, How to Download & File ITR with It? Introduction Form 16 is related to income tax and is used by businesses to offer information on tax deductions to their salaried employees. If you’re not sure […]
Income Tax TDS Online Payment, and TDS Online Payment Procedure Tax Deducted at Source, is a method used by the Indian government to collect Income Tax. Tax Deducted at Source (TDS) ensures that the government gets income tax from the […]
TDS Interest on Late Payment, and TDS Late Payment Penalty Introduction The Income Tax Department imposes TDS Interest on Late Payment and TDS Late Payment Penalty when businesses delay depositing TDS. It charges interest for each day of delay and […]
Annual Information Statement: Complete Overview Introduction The Annual Information Statement (AIS) is an important tax information tool introduced by the Income Tax Department to provide taxpayers with a comprehensive view of financial transactions linked to their PAN. It helps individuals […]
Compliance Calendar November 2021 Statutory Compliance are part and parcel of a Business. Whatever the business structure be, it is important to comply with all the necessary filings before the due dates. Starting from filing Income Tax Return to GST […]
