What Are All The Documents Required For E-Filing tax Return

Filing for Income Tax Return is an annual occurrence and it’s important for each taxpayer to understand which documents are needed for filing ITR. Apart from all the fundamental documentation, …

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Difference Between Form 16 And Form 26 For E-Filing

Form 16 is the total of the amount (including basic salary and other allowances) paid to the employee and the taxes deducted during a financial year. The form is an …

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Difference Between Salary Slip And Form 16

A Salary Slip is a document issued by an employer to an employee. It contains an in depth description of the employee’s salary components like HRA, LTA, Bonus paid, etc …

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Understanding Part A And Part B Of Form 16

Form 16 is somewhat a very important yet very confusing part of income tax filing. There are basically Form 16, Form 16A & Form 16B which are to be selected …

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How To Calculate Income Tax If There Is Refund Of Tax

With the govt exceeding various tax-related deadlines for the financial year, people might wonder how or if there’ll be some changes within the tax-filing process. According to a finance ministry …

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How to E-File Income Tax Return Uploading Form 16

Form 16 is a vital part of income tax filing. There are basically Form 16, Form 16A & Form 16B which are to be selected as a TDS certificate for …

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GST and Income Tax relaxation due to Corona Virus

The government issued an ordinance Tuesday to bring into effect compliance relief measures for taxpayers in the wake of Covid 19 that were announced by the finance ministry last week. …

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Old or New TAX Regime

Finance Minister Nirmala Sitharaman, in her Budget speech, announced a new, simplified income tax regime for taxpayers with revised income tax slabs and tax rates. While the government has introduced …

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Financial Bill 2020 : Different Sectors

MSMEs Steps proposed by the government for the MSMEs: Amendments will be made to Factor Regulation Act, 2011. Amendments to be made to enable NBFCs to extend invoice financing to …

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