Tag: tax

Goods and Service Tax (GST) – Today significant portion of our income is going away in Taxes. We pay 20 types of taxes in India.  From product manufacturing to consumption we have 30-35% of tax burden. Indirect taxes from central government are excise duty, customs, services tax etc. …

Financial year is about to end and you must be busy in doing tax planning or tax saving. In order to help you out we are here with answer of your tax queries for FY 2013-14. Answer of your Tax Queries (1) What is maximum limit of …

Your Income tax has been deducted in excess or yet there is no news of a refund? Now you can view form 26AS Tax credit statement online. Income tax department has launched TRACES – TDS Reconciliation Analysis and Correction Enabling System. TRACES is a web-based application …

The New Form No. 15G and 15H is applicable to all Tax payees who do not want TDS Deduction on their Income from Fix deposits of Bank/company, postal fix deposit, Senior citizen Saving Scheme. When can you submit form 15G/15H? Depositor whose tax liability is NIL …