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An assessee who commits an offence under Income Tax Act 1961 shall be subject to penalty. The penalty shall be an additional amount levied and is different...
Individuals are required to pay self assessment tax for income from other sources. No specification for the payment date is specified. This tax can be paid...
The Finance Minister in Budget 2021 introduced a special provision of TDS in the Income Tax Act 1961. A new section has been inserted, which shall be appli...
Have you ever thought about how much gold/gold ornaments can a person hold legally? It may have come across your mind at some stage of your life. In this a...
The Income Tax department is set to launch a new ITR filing portal on June 7, 2021. This new e-filing portal is expected to be more user friendly. It cou...
Cash transactions are highly discouraged in India due to the amount of tax evasion that takes place. The government introduces various new provisions in th...
Various income tax forms are issued under the Income Tax Act 1961. Likewise, Form 16 is issued according to Section 203 of the Income Tax Act 1961. In this...
The method of paying income tax has been simplified over the years. However, there has been confusion among the taxpayers on how to pay the income taxes.&n...
Corporate tax plays an important role in selecting the ideal location for setting up a business...
The United Arab Emirates (UAE) is recognized as the top global destination for innovation and i...
Did you or anybody in your family invest in Axis Bank Limited shares during the 1990s or early...
The Pharmaceutical industry is India's top gross domestic product (GDP) contributor. The market...
In the evolving international trade space, ensuring supply chain security and compliance with t...
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