Certain Tax Reliefs announced for small tax payers Finance Minister Press Information Bureau Government Of India Ministry Of Finance 29-February 2016 Certain Tax Reliefs announced for small tax payers Finance Minister While presenting the … [Read more...] about Certain Tax Reliefs announced for small tax payers Finance Minister
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Income Tax
Finance Minister Arun Jaitley announced three new measures to provide relief to small taxpayers in Budget 2016.
Finance Minister Arun Jaitley announced three new measures to provide relief to small taxpayers in Budget 2016. 1) Mr Jaitley raised the deduction limit under Section 87A of the Income Tax Act from Rs. 2,000 to Rs. 5,000 per annum. Under Section … [Read more...] about Finance Minister Arun Jaitley announced three new measures to provide relief to small taxpayers in Budget 2016.
Ten Income Tax Expectations of Salaried Employees in the Budget 2016-17
Ten Income Tax Expectations of Salaried Employees in the Budget 2016-17 Assocham demands raise of personal tax exemption limit to Rs 4 lakhBudget 2016 is expected to woo tax payers with some relief, despite challenges on the fiscal front. Finance … [Read more...] about Ten Income Tax Expectations of Salaried Employees in the Budget 2016-17
Ten Example of Income Tax Calculation
Ten Example of Income Tax Calculation Example 1 For Assessment Year 2016-17 (A) Calculation of Income tax in the case of an employee (Male or Female) below the age of sixty years and having gross salary income of: i) … [Read more...] about Ten Example of Income Tax Calculation
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2015-16
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2015-16 CIRCULAR NO : 20/2015 F.No. 275/192/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the … [Read more...] about INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2015-16
Deduction of Income tax and Education Cess into pay bills
Deduction of Income tax and Education Cess into pay bills Office of the Principal controller of Defence Accounts (Central command) Cariappa Road, Cantt., Lucknow, Pin Code - 226002 Office Phone No. 0522-2451547 Office Fax … [Read more...] about Deduction of Income tax and Education Cess into pay bills
Government sets up committee to review income tax law
Government sets up committee to review income tax law The government has set up a committee under a former Delhi High Court judge to review the income tax law and identify clauses that lead to litigations or adversely impact the ease of doing … [Read more...] about Government sets up committee to review income tax law
Commencement of Electronic Verification of Income Tax Returns for AY 2015-16
Commencement of Electronic Verification of Income Tax Returns for AY 2015-16 Press Information Bureau Government of India Ministry of Finance Dated: 14th July 2015 Commencement of Electronic Verification of Income Tax Returns for AY 2015-16 To … [Read more...] about Commencement of Electronic Verification of Income Tax Returns for AY 2015-16
Extension of due date of filing return of income for Assessment Year 2015-16 – Regarding.
Extension of due date of filing return of income for Assessment Year 2015-16 – Regarding. F .No.225/154/2015/lTA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, ITA. I I Division New … [Read more...] about Extension of due date of filing return of income for Assessment Year 2015-16 – Regarding.
Tax Relief To Family Members of Differently Abled
Tax Relief To Family Members of Differently Abled Press Information Bureau Government of India Ministry of Finance Date: 24-April 2015 Tax Relief To Family Members of Differently Abled Section 80DD of the Income Tax Act, 1961, inter alia, … [Read more...] about Tax Relief To Family Members of Differently Abled