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February 15, 2024
Taxpayers opting for Old Tax Regime can save taxes by investing in tax saving FD schemes, life insurance premium, tuition fees, home loan principal repayment. Fixed deposits are one of the best tools for tax saving.
July 26, 2023
According to income tax laws, a bank is required to deduct tax at source if the aggregate interest likely to be paid by all its branches exceeds โน40,000 in a year
May 3, 2023
Form 15G/15H is submitted by individuals to the bank to stop them from automatically subtracting tax deducted at source (TDS) from their interest
April 2, 2023
TDS usually constitutes a lionโs share of about 47% of the gross direct tax collections
June 27, 2022
Form 26AS is a consolidated annual tax statement that shows the details of taxes
August 29, 2021
Keeping in mind the difficulties being faced by taxpayers in filing various taxes, CBDT has extended dates for electronically filing of these taxes.