Ministry of Finance Income upto Rs 5 Lakh to get full tax rebate; higher standard deduction proposedRelief of over Rs 23,000 crore to estimated 3 Crore small and middle class tax-payersTDS threshhold on interests on small savings raisedBoost to housing and real estate sector FM announces a … [Read more...] about Income upto Rs 5 Lakh to get full tax rebate; higher standard deduction proposed – PIB
Income Tax
Budget 2019 : Income Tax exemption limit raised to Rs. 5 lakh
Budget 2019 : Income Tax exemption limit raised to Rs. 5 lakh Finance Minister Piyush goyal has proposed that individuals with income upto Rs 5 lakh will not have to pay any income tax for FY2019-20. In the previous budgets also, the Narendra Modi led-government provided tax relief to … [Read more...] about Budget 2019 : Income Tax exemption limit raised to Rs. 5 lakh
CBDT: Non-filers to assess their tax liability for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response within 21 days
Ministry of Finance CBDT identifies non-filers through Non-filers Monitoring System (NMS) by using Data Analytics and request the Non-filers to assess their tax liability for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response within 21 days 22 JAN 2019 The … [Read more...] about CBDT: Non-filers to assess their tax liability for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response within 21 days
Central Board of Direct Taxes (CBDT) clarifies regarding issue of Prosecution Notices
Ministry of FinanceCentral Board of Direct Taxes (CBDT) clarifies regarding issue of Prosecution Notices 21 JAN 2019 The Central Board of Direct Taxes (CBDT) has stated that certain news items that appeared in a section of media regarding enmasse issue of prosecution notices to small companies … [Read more...] about Central Board of Direct Taxes (CBDT) clarifies regarding issue of Prosecution Notices
Income Tax Rates AY 2019-2020 – Income Tax Circular 2019
Income Tax Rates AY 2019-2020 - Income Tax Circular 2019 Income Tax Circular 2019 - Income Tax Rates AY 2019-20 Income Tax Rates as per the Income Tax Circular No.01/2019 published by the Central Board of Direct Taxes on 1.1.2019 for the Financial Year 2018-19 (Assessment Year … [Read more...] about Income Tax Rates AY 2019-2020 – Income Tax Circular 2019