Posts Tagged ‘income tax’

7 Income Tax Changes that affect ITR filing this year

7 Income Tax Changes that affect ITR filing this year

This year Income Tax return filing has become slightly complicated. The government of India has made several changes related to Income tax and ITR. All these changes are made recently. So, if you are waiting untill last minute for filing your ITR, time has come to wake up and act fast. Here are 7 new Income Tax changes done by the government recently. 7 Income Tax Changes 1. ITR is mandatory in case exempted income is crossing basic tax exemption […]


How to add another person as a representative on Income Tax website?

How to add another person as a representative on Income Tax website?

Now you can put up a request to authorize another person to act on your behalf with respect to Income tax return filing and operating your e-filing account. This facility is exclusively given to the people for whom it is not possible to act on their own due to reasons such as absent from India, Non-resident or any other reason. This facility is available for both individuals and for a firm. Step by step process to add another person as […]


No Income Tax in India – Modi’s Next move

No Income Tax in India – Modi’s Next move

Imagine how good it is if Income Tax is abolished in India? No tax means more money to every individual. You must be thinking is it a joke or what? Well, it is not a joke. No income tax in India is expected to be Modi’s next move. After demonetization of old high denomination notes, the government is expected to roll out next economic reforms and No Income tax could be one of them. Let’s discuss how this dream can […]


Before filing Income Tax Return – 25 important points

Before filing Income Tax Return – 25 important points

It’s time to file income tax return and you must be preparing for the same. Before you go ahead and file your income tax return, here is few important points which you should consider. 25 Points to consider before filing Income Tax Return This year onwards you will be able to e-verify your income tax return using electronic verification code (EVC). Last date of Filing of Income Tax Return is extended up to 31 August 2015 for the assessment year […]


Union Budget 2015 – A Review

Union Budget 2015 – A Review

Union Budget 2015– “Good days are coming” this was main slogan given by BJP government before coming in to power. Every citizen of India believed in this dream and voted for BJP, but it seems we have to wait for good days. Union Budget 2015 was big disappointment from good day’s point of view. Let’s Review Union Budget 2015-16 & its impact on you in detail. Union Budget 2015 – Review For Individual Tax Payer:- Tax Rate (Slab) remains unchanged […]


Online Incometax Calculator

Online Incometax Calculator

Financial planning is very essential for an individual as it helps to maintain consistent savings ratio even in this world of constant inflation. One can save money with the help of saving on taxes. Savings on taxes is one method which yields good results in having an efficient financial plan. Everyone these days are aware of income tax and their liability towards taxes, and due to this reason people remain very keen to calculate their income tax. Calculation of income […]