Earnings Tax. Representational picture. New e-filing Earnings Tax web site launch in June 2021: The Earnings Tax Division might launch a brand new e-filing internet portal for taxpayers early subsequent month, based on a report by information company PTI. The brand new e-filing portal can be used to file routine ITRs and carry out different
Income Tax
The resultant capital acquire shall be delivered to tax accordingly. By Chirag Nangia I had bought shares of 1 agency in 2016 and once more in 2018. Now I’ve offered each on March 31, 2021. If I take the grandfathered worth of shares held in 2016 individually with some shares of the identical firm bought
Consultant picture Prolonged Revenue Tax Timelines on account of Covid-19 second wave: The Revenue Tax division lately prolonged sure timelines to ease the burden off taxpayers amid Covid-19 second wave. “In view of the extreme Covid-19 pandemic raging unabated throughout the nation affecting the lives of our individuals, and in view of requests obtained from
Over the last few years, the Income Tax Department has undergone a revamp in its approach, from being just a revenue-collecting concern to becoming a more citizen-centric one. By Rajat Mohan Over the past few years, one of the key focus areas of the Union government reforming taxes initiating from GST as a great transformation
non-resident is required to file an Income Tax Return only if his total income, from all sources (after giving effect to exemption in respect of income from NRE account) exceeds maximum amount not chargeable to tax (i.e. Rs 2.5 lakh). By Chirag Nangia I am a student and do trading in shares and have earned