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ITR filing for 2011 14 Jul 2011 | 05:08 pm
To file ITR (for salaried personnel with form 16 available), two ways you can follow - 1) Online - Just keep your form 16 handy and fill all details on net itself. [read below for details]. 2) Offl...
Budget 2011 & Income tax 2 Mar 2011 | 12:12 am
In Union Budget, finance Minister Mr. Mukherjee proposed to raise the income tax exemption limit for general tax payers to Rs 1.80 lakh per annum from Rs 1.60 lakh at present and introduced a high new...
Budget 2011 & Income tax 1 Mar 2011 | 07:12 pm
In Union Budget, finance Minister Mr. Mukherjee proposed to raise the income tax exemption limit for general tax payers to Rs 1.80 lakh per annum from Rs 1.60 lakh at present and introduced a high new...
Forex tips for IT guys 2 Feb 2011 | 12:16 am
While moving on a business trip to abraod location, employee gets forex as daily allowance. Legally its like daily allowance and is not taxable as per India or foreign tax laws UNLESS spent as a whol...
Filing tax for salaried Employee 16 Jan 2011 | 05:49 pm
Lets learn this in 4 steps for the sake of easiness - 1. Sumbmitting details to company's finance dept. - Here TDS (tax deduction on source) will be calculated based on your income & tax saving intum...
Now keep DIN with you for income tax purpose 29 Nov 2010 | 06:49 pm
The government has made it mandatory for taxpayers as well as collectors to quote a unique document identification number (DIN) on every communication with the income tax (I-T) department. The unique...
Now keep DIN with you for income tax purpose 29 Nov 2010 | 01:49 pm
The government has made it mandatory for taxpayers as well as collectors to quote a unique document identification number (DIN) on every communication with the income tax (I-T) department. The unique...
Direct Tax code from 1April, 2012 31 Aug 2010 | 12:11 am
The Bill seeks to increase tax exemption on income from Rs. 1.6 lakh to Rs. 2 lakh and fix the corporate tax at a flat 30 per cent. As per the Bill, income from Rs. 2-5 lakh will be taxed at 10 per ce...
Direct Tax code from 1April, 2012 30 Aug 2010 | 08:11 pm
The Bill seeks to increase tax exemption on income from Rs. 1.6 lakh to Rs. 2 lakh and fix the corporate tax at a flat 30 per cent. As per the Bill, income from Rs. 2-5 lakh will be taxed at 10 per ce...
Income tax return - all inclusive 6 Aug 2010 | 12:15 am
Income tax return The first thing you should know is, its always good to file Income tax return when you have any source of income no matter if you have any taxable income or not. Some comman concer...
