• New Financial Year, New Tax Rules: 8 Big Income Tax Changes to Take Effect on 1st April

    As we approach the start of the new financial year (FY 2023-24), we will witness some great changes which will come into effect from April 1, 2023.? These changes will be the addition of new rules or reforms to existing ones. The finance minister, ?Shrimati Nirmala Sitharaman,? has introduced several tax amendments in the Budget…

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  • Not Received the Income Tax Refund Yet? Find out the Reasons Here

    After having your income tax return verified, receiving your refund is the phase that everyone looks forward to the most. However, our wait is frequently prolonged! There are multiple reasons for not receiving the refund. If you are one of those who have filed their ITR before the due date and have not received their…

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  • Top 7 Unusual Ways to Save Income Tax

    For most people, paying income tax at the end of a financial year is a cumbersome task. A majority of the hustle revolves around planning the submission of insurances, rent and other receipts in a way that leads to the lowest possible tax liability. Income tax planning need not be a cumbersome task when you…

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  • Budget 2022-23 Explained: 7 Major Changes Proposed In The Budget

    Finance Minister Nirmala Sitharaman outlined the budget for 2022. According to a lot of tax experts, the 2022 budget is financially sound. The biggest highlight is definitely the digital currency tax has been proposed with several other changes. In this blog, lets have a look at the main findings: New updated return Budget 2022 introduces…

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  • Budget updates 2022- Direct Tax

    As the finance minister presented the budget 2022, here are the updates related to direct taxation: – Provision for filing ?Updated Income Tax returns? within 2 years from the end of relevant Assessment Year. With this, if any taxpayer forgets to disclose the income in the ITR, he can disclose the income and pay the…

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  • Everything About Submission of Investment Proof To Your Employer

    As the financial year is about to end, we again have to buckle up for the investments and savings to keep our future secure. But before you buckle up for this year, have you submitted proofs of the investment (investment proof) declared for the FY21-22? To avoid higher taxes and to obtain tax rebates, we…

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