Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax. Illustration: Uttam Ghosh/Rediff.com The final deadline for paying the......
However, the department has not changed ITRs significantly, considering Covid-19 crisis. Illustration: Dominic Xavier/Rediff.com The Central Board of Direct Taxes (CBDT) has come out with new......
Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said.......
The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of......
Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 in Parliament on February 1. Illustration: Dominic Xavier/Rediff.com The Budget is a statement of the......