Browsing: individual taxpayers

Anticipating significant announcements in the forthcoming interim budget on February 01 is highly improbable. Nevertheless, numerous individuals, particularly salaried taxpayers,…

Some minor changes under the income tax laws which affect individual tax payers have been proposed in the Budget 2022…

It comes as a disappointment for salaried individuals who heavily anticipated a revision of income tax slabs and a lowering…

With the rise in salaries, inflation and insurance premium, the Rs 1.5 lakh limit gets exhausted quickly. Hence, there is…

Rationalisation of capital gains tax, hike in tax exemption on health insurance premium and deduction on housing loan are among…

Hit hard by the rising inflation, Covid-induced lockdowns, job loss and salary cuts, individual taxpayers are hoping for a populist…

With this year’s budget, the government could enable the salaried class and create opportunities for them to enhance their personal…

There are certain income tax provisions which have become applicable for the transactions carried out from the current financial year,…

The last date for filing ITRs for 2020-21 fiscal ended March 31, 2021, by individual taxpayers is December 31, extended…

Budget 2021-22: For revenue from trading, business enterprise or profession, revenue tax provisions enable costs such as rent, depreciation, interest,…