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 Benefits
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
PM Cares Fund Donation – Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order
PM Cares Fund Donation - Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order The Department of Revenue has issue an order that the contributions made to the Fund are in the form of a consolidated payment. The deduction in respect of such donations as … [Read more...] about PM Cares Fund Donation – Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order
Income Tax Department List of Benefits Available to Salaried Persons
Income Tax Department List of Benefits Available to Salaried Persons Income Tax on Salaries List of benefits available to Salaried Persons AY 2020-2021 Allowances Section Particulars Benefits 10(13A) House Rent Allowance (Sec. 10(13A) & Rule 2A) Least of the following is … [Read more...] about Income Tax Department List of Benefits Available to Salaried Persons