Find out how to apply for relief from interest on overdue income tax, understand eligibility, and explore the tax waiver limits set by the Income Tax Department of India.The Income…
Heard about slump sales ?? Plans to sell off or transfer of the whole undertaking with all its assets and liabilities......you are at the right placeAs per section 2(42C) of…
Not all gifts received are liable to pay tax under Income tax Act 1961. However, the Income Tax Act, 1961 includes key provisions which allow you to receive various tax-exempt…
What is an income tax return (ITR)? Who is required to file ITR ? !! Filing a Return of Income is the process of reporting your income, deductions, and tax…
Increase the rebate limit to Rs.7 lakh in the new tax regime. Thus,persons in the new tax regime, with income up to Rs 7 lakh will not have to pay…
