Income Tax department launches new facility to link Aadhaar with PAN New Delhi: The Income Tax department has launched a new e-facility to link a person's Aadhaar with the Permanent Account Number (PAN), a mandatory procedure for filing IT returns now. The department's e-filing website https://incometaxindiaefiling.gov.in/ has created a new link on its homepage making it … [Read more...] about Income Tax department launches new facility to link Aadhaar with PAN
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IT
NPS returns are market linked – Tax Benefit on NPS
NPS returns are market linked An investor within the scheme has an option to choose funds based on her level of safety and risk in addition to choosing her own fund manager The National Pension System (NPS) has been advertising a lot about the new tax deduction of Rs.50,000 for tax payers. I wanted to know more about the new deduction under section 80CCD(1)(b). Is this … [Read more...] about NPS returns are market linked – Tax Benefit on NPS
More than 82 Lakh Returns E-Filed till 29.07.2013
More than 82 Lakh Returns E-Filed till 29.07.2013 Press Information Bureau Government of India Ministry of Finance 30-July-2013 20:05 IST Overwhelming Response for e-filing from Every Corner of the Country; More than 82 Lakh Returns E-Filed till 29th July, 2013 which is More than 40% of the Returns e-filed during the Same Period Last Year; Record Peak of more than … [Read more...] about More than 82 Lakh Returns E-Filed till 29.07.2013
New rules of filing tax returns
New rules of filing tax returns The tax authorities have introduced several new guidelines for filing returns this year. Find out how these changes are likely to impact you. First they made it compulsory for businesses to e-file their tax returns. Then they made it mandatory for taxpayers with incomes of over 10 lakh to take the online route. This year, the income tax … [Read more...] about New rules of filing tax returns
Proposed Income Tax: IT exemption Limit for the financial year 2013-2014
Proposed Income Tax: IT exemption Limit for the financial year 2013-2014 Congress Leaders requested Finance Minister to raise Income tax exemption Limit to Rs.4 lakhs in the budget 2013-14 In a pre-budget meeting with Finance Minister P Chidambaram here on Thursday, Congress leaders have asked the UPA government to increase the taxable income exemption limit to Rs 4 lakh … [Read more...] about Proposed Income Tax: IT exemption Limit for the financial year 2013-2014
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