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Who Cannot Switch Between Old And New Tax Regime?
Finance Minister Nirmala Sitharaman at the Union Budget 2020 introduced a new tax regime that allows individuals to avail lower tax rates if they were to opt-out of tax exemptions and deductions for the given financial year. Taxpayers will also be ...
Who Cannot Opt To Switch Between Old And New Tax Regime

Long Term Capital Gains: How to Save Tax on LTCG in India?
Individuals have to pay tax to the government on an annual basis if their income exceeds the set limit of exemption. Likewise, apart from income from salary, one has to pay tax on selling capital assets too. The gains made out ...
Tax On Long Term Capital Gains How To Save Tax On Ltcg In India
Union Budget 2020: Co-operatives Societies Get Tax Benefits
Finance Minister, Nirmala Sitharaman today announced a tax benefit for co-operative societies in the Union Budget 2020. "Co-operative societies play an extremely important role in our economy in facilitating access to credit, procurement of inputs and marketing of products to their ...
Union Budget 2020 Co Operatives Societies Get Tax Benefits
Budget 2020: Govt May Remove LTCG Tax On 2-Year Equity Holdings
Following the much criticism received on the re-introduction of the tax and looking for means to attract more long-term foreign investment, the government is now seeking advice from tax experts on removing the LTCG (long-term capital gains) tax on equities in ...
Budget 2020 Govt May Remove Ltcg Tax On 2 Year Equity Holdings
Tax Department Eases Eligibility Rules On ITR Forms 1 And 4
Easing restrictions imposed on taxpayers a week ago, the Central Board of Direct Taxes (CBDT) on Thursday said that it will allow joint owners of single house property to file income tax returns (ITR) using simple Form-1 (Sahaj) or Form-4 (Sugam).{image-itr-25-1500963528.jpg ...
Tax Department Eases Eligibility Rules On Itr Forms 1 And
5 Income Tax Saving Schemes Other Than Sec80C
There is a tendency to almost always focus on tax benefits under Sec 80C. However, one must know that there are many sections under which it is possible to save income tax. Here are a few of them.{photo-feature}...
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