Taxation

Deepti Shikha

26 Mar, 2020

The outbreak of coronavirus or commonly known as Covid-19 has impacted the lives of both, general citizens as well as the trade and businesses. In this sit...

Monisha Chaudhary

10 Jul, 2023

A home loan can help an individual in saving tax as per the provisions provided under the Income Tax Act, 1961. After the announcement of the Budget 2020 b...

Deepti Shikha

13 Sep, 2022

Income Tax is calculated on the taxpayer's total income earned or received during the financial year. An employee’s tax liability might increase on recei...

Ruchi Gandhi

13 Mar, 2020

Background The Central Government had scrapped high-value currency notes of Rs. 500 and Rs. 1,000 denomination on 8th November 2016 and urged people to dep...

Ruchi Gandhi

30 May, 2023

The Tax Compliance Calendar for March 2020 is provided by the Income Tax and GST departments well in advance. As the end of the financial year 2019-20 is a...

Deepti Shikha

13 Sep, 2022

The Finance Bill in the Union Budget 2020 proposed significant changes for charitable trusts and institutions. Charitable trusts and other institutions nee...

Monisha Chaudhary

10 Jul, 2023

Filing of Income Tax Return is the process of submitting a declaration about the income earned and expenditure incurred by the concerned taxpayer in the pr...

Shubham Chauhan

13 Feb, 2020

While presenting her second Union Budget, the Hon’ble FM Nirmala Sitharaman unveiled a new income tax regime with reduced income tax rates. However, unde...