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Advance Tax Deadline Today: Who Should Pay?

Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax. Illustration: Uttam Ghosh/Rediff.com The final deadline for paying the......

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of......

Taxes, incentives, reforms: How to read this year's Budget document

Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 in Parliament on February 1. Illustration: Dominic Xavier/Rediff.com The Budget is a statement of the......

Centre mulls raising tax-free slab to Rs 5 lakh

Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said.......

New ITR form makes it easier to report foreign assets

As these forms are quite elaborate, their early notification will give assessees more time to get the documentation and paperwork ready, and hence make complete disclosures while filing their......

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Taxmann

News for Taxmann

Advance Tax Deadline Today: Who Should Pay?

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

Taxes, incentives, reforms: How to read this year's Budget document

Centre mulls raising tax-free slab to Rs 5 lakh

New ITR form makes it easier to report foreign assets

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