Articles pertaining to various tax saving options, ways to save income tax on salary income, how to save income tax on capital gains etc.,
Which ITR Form should be used for FY2018-19 (AY2019-20)? Few days back, Central Board of Direct Taxes (CBDT) has issued notification about new ITR forms that are applicable for A.Y. 2019-20 (Financial year 2018-19). While there is no change in ITR1/Sahaj, there are some modifications done for ITR1, ITR2, ITR3, ITR4, ITR5 and ITR7. Since […]
How to check whether you are eligible for the Tax Rebate on Rs 5 Lakhs Taxable Income u/s 87A? Interim Budget 2019-2020 has brought some benefits and rebates to taxpayers. One among is Zero tax or No income tax for Rs 5 Lakhs taxable income. Many experts interpreted them in various ways. It was indicated […]
Income Tax Investment Proofs Submission – Checklist and Guidelines If you are salaried employee, you need to submit income tax proofs for 2018-2019 so that you can get income tax benefits. Salaried employees would declare income tax deductions at the beginning of the financial year, however, need to submit tax proofs during January or February […]
Top 15 Best Tax Saving Investments for 2019-2020 In next 2 months we would start 2019 and taxpayers might be looking at various income tax saving investments to save income tax u/s 80C and beyond. You might be thinking about current stock market volatility and may compromise with low tax saving options. One should choose […]
How to save TDS by submitting Form 15G and 15H? Do you have interest income and bank deducts TDS (Tax deducted at source) over it? Well, you can save this tax being deducted subject to certain conditions being satisfied. There is a prescribed from and a format through it can be saved. What is Form […]