The Income Tax Department has launched its new portal e-filing 2.0 on Monday. Which is more user friendly than before, taxpayers themselves can easily file their tax returns, check refund status as well as make tax payments. Taxpayers update their personal details The Income Tax Department has asked the taxpayers to re-register their DSC immediately …
The new website of Income Tax e-filing will start from today, more facilities have been given in this new website than before. It was closed for 6 days before launching the new website. Till now taxpayers were doing many other things including filling their tax returns on the old portal of Income Tax (incometaxindiaefiling.gov.in). The …
The government extended the deadline for linking of Aadhaar PAN. In the tweets of Income Tax Department informed that the last date has been extended from march 31 to June 30, 2021. The decision has been taken after many people reported technical issue of Income Tax website while linking the Aadhaar and Pan card Number. …
Income Tax News Update: Relief for taxpayers is reported, the Central Board of Direct Taxes (CBDT) has increased the deadline for filing Tax Deducted at Source (TDS) to 30 June. Earlier, its last date was May 31, 2021. Earlier, in view of the second wave of Corona epidemic, the Income Tax Department had extended the …
Retirement fund body Employees’ Provident Fund Organisation’s (EPFO) has hiked the death insurance benefits for employees’ deposit-linked insurance (EDLI) scheme beneficiaries, amidst the onslaught of the second wave of the COVID-19 Pandemic. The retirement fund body has hiked the minimum death insurance benefit to Rs 2.5 lakh while the maximum benefits have been raised to …
There is a big relief news for those filing Income Tax Return. The government has extended the tax compliance and Income Tax Return deadline to May 31 for the financial year 2020, in view of the rising outbreak of the Corona epidemic. Taxpayers can also file Revised Return for FY 2020. Income Tax Return, Tax …
Central Board of Indirect Taxes and Customs (CBIC) has set up dedicated helpdesk to handle queries related to Covid related Imports and handhold the trade, industry and individuals for expeditious customs clearance. As you are aware, the Government of India is committed to ensure seamless and quick customs clearance of COVID related imports, so that …
New ITR Form: Income Tax Department has notified the IT return form for the financial year 2020-21. The Central Board of Taxes (CBDT) has given this information. The CBDT has said that keeping in mind the convenience of Corona epidemic and Taxpayers (Taxpayers), there has not been much change in the new ITR form as …
Let us now explain how interest is calculated. Interest on PPF is calculated on the amount in the account from the 1st to the 5th of every month. That is, if you put money in PPF account till 5th of any month, then that money will get interest in the same month, but if you …
If your account is in Post Office or you invest in post office schemes then this news is for you only. Now if you withdraw more money than the stipulated amount, then TDS can be deducted on it. This rule of withdrawing money applies to various deposit schemes ranging from PPF. These rules related to …