New Regime For Men/Women Upto Rs. 2,50,000 Nil Rs. 2,50,001 to Rs. 5,00,000 5 per cent Rs. 5,00,001 to Rs. 7,50,000 10 per cent Rs. 7,50,001 to Rs. 10,00,000 15 per cent […]
Income Tax Slabs Fy 2020-21: New & Old regime
Income Tax on Rental Income
“Home isn’t where you’re from, it’s where you find light when all grows dark.” ― Pierce Brown, from the book : Golden Son The Annual Taxable Value of the property is calculated by […]
Individuals Taxpayers have to pay penalty for delaying income tax returns
Individuals taxpayers who have not filed their income tax returns for the past two years with over Rs.50,000 of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) will have […]
No tax free returns on high PF contribution. Read to know more.
The interest earned by the Provident Fund contributions above Rs 2.5 lakh a year will now be taxable. The provision, introduced in Budget 2021 will apply only to the employee’s contribution and […]
Union Budget FY2021-22: Growth Booster Shot for the Economy
In line with the undeniable and imperative need to fuel sustainable growth recovery for an economy that is emerging from a pandemic ridden year, the Union Budget placed duly warranted importance on […]
Highlights of Union Budget 2021-22
General First digital Budget in the history of India Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles 64,180 […]
