Can You Change the Tax Regime When Filing Your Income Tax Return?
As the Income Tax Return filing deadline nears, you might be wondering if you can switch between the old and new tax regimes while filing your returns. The answer is…
As the Income Tax Return filing deadline nears, you might be wondering if you can switch between the old and new tax regimes while filing your returns. The answer is…
Hello Folks!!!Today, we are going to discuss about the Section 10 of Income Tax Act,The Government of India offers various exemptions to help reduce your income tax burden. Section 10…
What is Section 115BAC – The New Tax Regime?Section 115BAC, introduced in the Budget 2020, established a new tax regime effective from FY 2020-21 (AY 2021-22). This regime offers reduced…
Learn about Advance Tax according to the Income Tax Act, 1961. Understand compliance procedures, methods for revising income estimates, key deadlines, exemption criteria, applicable tax rates, and the steps to…
everything about gift tax under section 56(2)x
TDS on non resident payment section 195
TDS return late filing penalty
Hello Folks!!Today, we are going to discuss about the applicability of Income tax to NRI.So, Let’s begin!In India, the amount of taxes an individual is liable to pay is determined…