Raviraj Parekh
June 30, 2020
New 26AS is introduced by the Income Tax Department. The new 26AS form contains more detail about your financial transactions like real estate, equity, mutual fund, credit card, etc. So, make sure to check the 26AS form before filing ITR. This form also includes your personal …
Foreign Remittance Tax rules are changed. Now you need to pay tax when you transfer money abroad. The new rule will be effective from Oct 1, 2020. The provision for a new rule of Tax Collected at Source (TCS) was made in Budget 2020-21. There are …
Raviraj Parekh
March 1, 2020
Inoperative PAN means a considerable impact on performing various financial transactions. Make sure that your PAN will remain operative. In order to keep it operative, you need to link it with Aadhaar card. As per the latest CBDT circular, your PAN will become inoperative in case not …
Raviraj Parekh
February 16, 2020
As per Budget 2020, dividend income from shares and mutual funds is taxable in the hand of recipient as per applicable tax slab. This means the dividend income which was earlier tax exempted has become taxable. Additionally, any dividend income above Rs.5000 in a financial year …
