Consultant picture Revenue Tax due Dates 2021: The Union Authorities not too long ago prolonged the due dates of a number of tax-related works for the advantage of taxpayers. The due dates had been prolonged for offering reduction to taxpayers hit by the second wave of the Covid-19 pandemic and the next lockdowns in states.
income tax department
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Representational picture Revenue Tax exemption beneath Part 54 to Part 54GB: In view of the difficulties confronted by taxpayers because of the second wave of the Covid-19 pandemic throughout the nation, the Central Authorities has prolonged the timeline for claiming a tax deduction on the funding made in a residential home until September 30. The
Consultant picture The Central Authorities on Friday (June 25) introduced tax aid for households of those that have misplaced their lives as a result of Covid-19 since FY 2019-20. The Authorities has determined to offer earnings tax exemption on any quantity acquired by the household of an worker from the employer. Additionally, exemption as much
Earnings tax saving ideas and ticks 2021. Representational picture/Pexels. Earnings Tax planning: Covid-19 pandemic has hit the salaried class arduous. Lockdown led to wage cuts and even job losses for lakhs of workers final yr. Even the casual sector staff have been badly hit by the pandemic and subsequent lockdowns. Now we have all the