The new Income Tax return forms are much simpler in many respects.
Revised tax forms will be simple; stress on foreign travel and assets has been reduced
The new ITR forms have shifted the entire onus on the taxpayers to prove their claim for deductions, expenses or exemptions.
Lesser-fancied Indians again stole limelight in the LIC World Junior Chess Championships, being played at Hotel Hyatt, in Pune, on Friday. Nandhidhaa PV created a sensation in the fifth round, upsetting IM Meri Arabidze of Georgia, who is rated and titled higher than her, while 15-year-old Maria Ivana Furtado shocked Nguyen Thi Mai Hung to emerge joint leaders.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
India's Padmini Rout scored an impressive victory with plenty of fireworks to maintain her joint lead in the Girls section but favourite Viddit Santosh Gujrathi suffered a shock loss in the sixth round of the LIC World Junior Chess championship in Pune.
'There is no one who can fill the vacuum created by the passing of Girija Devi,' mourns Sunita Budhiraja.
New ITR form may be simpler, but some changes could stump you.
After the marathon game in Round 7, five-time World champion Viswanathan Anand and defending champions Magnus Carlsen played out a quick draw in the eighth round of the World Chess Championship, now underway in Sochi, on Tuesday.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Indian Grandmasters Vidit Gujrathi and S P Sethuraman placed themselves for a medal contention as they defeated Jorge Cori of Peru and Vladislav Kovalev of Belarus respectively in the 12th and penultimate round of World Juniors Chess Championship.
Taxpayers might face several issues while filing returns this year.
Unless they have capital gains or assets abroad, most individuals will need to file ITR-1 or ITR-2A.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
