Various representations have been received by the CBDT seeking clarification on the issue as to whether a depositor should submit only one declaration in respect of the income each year before each person responsible for making the payment (i.e. deductor) or Form 15G/15H has to be submitted each and every time the payment is due to be received from the deductor.
It is expected that FM will announce a number of big decisions considering the focus of Interim budget on small taxpayers. The Government could throw several surprises to please the biggest drivers of economy which are middle class citizens and salaries class taxpayers. Their expectations from Full Budget 2019 are elaborated in following paragraphs.
We are left with just a few days for first full budget for the Financial Year 2019-20. From average taxpayer to tax experts, all eyes are transfixed on the Union Budget 2019 which will be presented on July 5, 2019 by the Finance Minister, Smt. Nirmala Sitharaman. In recent years, India has witnessed huge surge […]
