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Income Tax Return Filing 2021: Amid COVID-19, the government extended the due date of filing income tax returns for the financial year 2020-21 by two months till September 30
»This Year’s Union Budget Is All Digital With Made In India Tablet As Out Goes The Bahi Khata 1-MIN READ This Year’s Union Budget Is All Digital With Made In India Tablet As Out Goes The Bahi Khata Finance Minister Nirmala Sitharaman seen carrying a tablet for a paperless budget on Monday. ANI photo The use of a Made In India tablet is a dual push for digitization as well as the Atmanirbhar Bharat push along with the Made in India initiative. Earlier, the government rolled out the Union Budget app for smartphones that will allow users to follow the budget updates on their phones.
»How is Income Tax Calculated, Can it be Paid Online? All You Need to Know Ahead of Union Budget 2021 4-MIN READ How is Income Tax Calculated, Can it be Paid Online? All You Need to Know Ahead of Union Budget 2021 Finance Minister Nirmala Sitharaman had announced the new concessional income tax regime last year. As Finance Minister Nirmala Sitharaman delivers her promised budget speech on Monday, which is expected to provide relief to the middle class by way of income tax benefits, we answer all your queries related to income tax. FOLLOW US ON: Every salaried person in India has to pay a c...
Story outline Abhishek Soni, CEO and co-founder, Tax2Win.in says, "This year we have observed that the Income Tax Department is sending one email to the taxpayers where there are huge deviations in the income tax return filed as compared to the form 16. In such cases, the Income Tax Department is sending the mail to confirm the amount of refund." On many occasions the Form 16 issued by the employer may not contain all deductions that are available to taxpayers under the existing law. If the taxpayer claims these deductions while filing ITR, then these are bound to differ from the ones mention...
While filing your tax returns, entering accurate bank details and e-verifying once you are done can help avoid complications later