Aug 18, 2021 06:59 PM IST
As per the new income tax rules, dividend income, which was previously exempt from tax, is now taxable in the hands of the shareholders and unitholders at applicable slab rates with effect from FY21. Here's how to file the ITR for your dividend income.
- Aug 03, 2021 07:40 PM IST
Tax-payers filing returns in August complain of erroneous late-filing penalty demand on the newly-minted, glitch-ridden income tax portal
- Jul 19, 2021 11:06 AM IST
Filing income tax return at post office: The India Post has announced the latest initiative to ease tax filing process for taxpayers.
- Jun 16, 2021 03:06 PM IST
The cost inflation index (CII) is used by taxpayer to compute gains arising out of sale of capital assets after adjusting inflation. The Central Board of Direct Taxes (CBDT) on June 15 notified the cost inflation index for the current fiscal (2021-22).
- Jun 05, 2021 10:21 PM IST
CBDT had earlier said that the upcoming website will enable a new online tax payment system with multiple new payment options using net banking, UPI, credit card and RTGS/NEFT from any account of taxpayer in any bank, for easy payment of taxes.
- Jun 01, 2021 11:30 AM IST
The Income Tax Department will launch a new ITR e-filing portal for taxpayers, that can be used to file routine ITRs and perform other tax-related works, early next month.
- May 10, 2021 08:32 AM IST
One needs to remain alert while doing any kind of high value cash transaction because the Income Tax Department has become highly vigilant about the cash transactions.
- Apr 01, 2021 08:14 PM IST
Keeping in view the ongoing COVID-19 crisis and to facilitate the taxpayers, no significant change have been made to the ITR forms, the CBDT said.
- Jan 28, 2021 08:10 AM IST
Amid coronavirus pandemic, the Income Tax (I-T) department had extended the return filing deadline three times. The July 31 due date was extended till November 30 in May 2020. Later it was again extended till December 31.
- Jan 24, 2021 08:51 AM IST
The main objective of PAN card to use a universal identification key to track financial transactions that might have a taxable component to prevent tax evasion. The PAN number remains unaffected by change of address throughout India.
- Jan 03, 2021 02:48 PM IST
The Centre has extended deadline to submit life certificate for pension from November 30 to February 28 to facilitate senior citizens.
- Dec 27, 2020 06:44 PM IST
As the deadline to file ITR by individuals nears, the tax department also urged people to file their ITR for assessment year (AY) 2020-21 early to avoid last minute rush.
- Oct 12, 2020 03:10 PM IST
The Centre had on July 29, extended the deadline for filing of original and revised ITRs till September 30. The two-month extension – the third such given for FY21 – comes as the government looks to mitigate taxpayers’ hardships amid the coronavirus pandemic.
- Oct 02, 2020 05:44 PM IST
From October 1, RBI's new guidelines for debit and credit cards have come into effect to secure payments. Meanwhile, the government has kept the interest rates on Public Provident Fund (PPF) and National Savings Certificate (NSC) unchanged from the previous quarter.
- Aug 05, 2020 01:30 PM IST
Official data released showed the number of income tax scrutiny cases was 0.71 percent in AY 2015-16, 0.40 percent in AY 2016-17, 0.55 percent in AY 2017-18 and 0.25 percent in AY 2018-19.
- Jul 24, 2019 09:38 AM IST
A late filing fee, interest for delays in payment, penalty for under-reporting income and prosecution for non-compliance are some of the punishments handed by the tax department
- Jul 24, 2019 08:10 AM IST
ITR 1: Get detailed information on ITR 1 Form. Click here & Learn more about ITR 1 form in India, including the instructions to fill the form, how to download the form & how to file ITR-1 form offline & online.
- Jul 23, 2019 08:39 AM IST
ITR Filing for Salaried Employees: Here's a guide on how to file ITR, checklist, importance and steps to follow for e-filing for Salaried individual.
- Jul 23, 2019 08:35 AM IST
ITR Filing Eligibility: Here's everything about who is eligible for filing returns and the importance of filing returns. Visit the link to know more about it at Moneycontrol.
- Jul 22, 2019 03:37 PM IST
ITR Filing Basics: Income Tax Return is a balance of all the taxes you are eligible to pay and all the taxes you have paid by the end of the financial year. Click to know more about it.
- Jul 22, 2019 03:28 PM IST
ITR e-Filing verification is a declaration by the taxpayer that the information provided by the individual is correct. Click to know the methods of ITR Verification.
- Jul 19, 2019 01:37 PM IST
Efiling: Here is everything you need to know about income tax india efiling including how to file ITR Online to importance & types of efiling income tax at Moneycontrol.
- Jul 18, 2019 11:11 AM IST
E-filing Income Tax Returns: To file your ITR, you've to first register yourself on the e-filing website. To know the further steps on how to register for e-filing income tax, click the link above.
- Jul 18, 2019 11:00 AM IST
ITR Documents: While Filing your ITR, you need to have all the required documents in place. Find the list of necessary documents required for filing ITR at Moneycontrol.
- Jul 18, 2019 10:47 AM IST
PPF Scheme: Get a detailed overview of the Public Provident Fund Scheme including the interest rates offered, features, and benefits of investing in PPF.