In what would translate into increased entitlement for employees, the government today enhanced the income tax exemption limit on gratuity from Rs 3.5 lakh to Rs 10 lakh, with effect from May 24. “Employees who retire, become incapacitated,... (Continue reading)
–> –> New Income Tax Return Forms Form No Heading A.Y. 2007-08 A.Y. 2008-09 A.Y. 2009-10 A.Y. 2010-11 Form Notification English ... (Continue reading)
CBDT notifies New Income Tax Return Form SARAL II (ITR 1) for Assessment Year 2010-11 for Individuals having income from Salary/Pension/Income from One House Property (Excluding loss brought forward from previous years) / Income from Other Sources... (Continue reading)
Govt clears cloud over NGO tax breaks Tanu Pandey Posted: Monday, Mar 08, 2010 at 0025 hrs IST Updated: Monday, Mar 08, 2010... (Continue reading)
Budget 2010-11 Document Identification Number... (Continue reading)
Budget 2010-11 Certificate of tax deduction at source (TDS) and Tax collection at source(TCS)... (Continue reading)
Scope of Section 80D widened to cover contribution to the central government health scheme... (Continue reading)
Budget 2010-11 Minimum Alternate Tax Under Section 115JB increased from 15% to 18%... (Continue reading)
Deduction in respect of Long term infrastructure bonds - New Section 80CCF ... (Continue reading)
Budget 2010-11 Taxation of transactions with inadequate/without consideration... (Continue reading)