Budget 2020-21

  • Income Tax

Faceless e-appeal scheme for filing of appeals before Commissioner (Appeals)

Faceless e-appeal scheme for filing of appeals before Commissioner (Appeals). Amendment to section 250 Presently, most of the functions/ processes…

4 years ago
  • Income Tax

New TDS section 194O introduced to include  E-commerce transactions

New TDS section 194O introduced to include E-commerce transactions. E-commerce operator to deduct tax for payments to e-commerce participant Union…

4 years ago
  • Income Tax

Scope for TDS on interest income u/s 194A widened to include co-operative societies

Scope for TDS on interest income u/s 194A widened to include co-operative societies Section 194A of the Act provides for…

4 years ago
  • Income Tax

Reduction in TDS rate on fees for technical services u/s Section 194J at par with Section 194C

Reduction in TDS rate on fees for technical services u/s Section 194J of the Income Tax Act Reduction in TDS…

4 years ago
  • Income Tax

Exemption to non-resident from filing ITR on royalty or FTS income on deduction of TDS

Exemption non-resident from filing of ITR on royalty or FTS income on deduction of TDS Union Budget 2020 has provided…

4 years ago
  • Income Tax

Basic income tax exemption slab for AY 2021-22 as per budget 2020-21 Proposals

New Optional basic income tax exemption slab and reduced tax rates announced in budget 2020-21 for AY 2021-22 / FY…

4 years ago
  • Income Tax

Live Key Highlights of tax proposals of Union Budget 2020-21

Live Key Highlights of tax proposals of Union Budget 2020-21 Union Finance Minister, Smt. Nirmala Sitharaman shall be presenting Union…

4 years ago
  • Budget 2020-21

Printing process for Union Budget 2020-21 commences with Halwa Ceremony

Printing process for Union General Budget 2020-21 commences with Halwa Ceremony The Halwa ceremony, marking the commencement of Budget printing…

4 years ago