Income Tax : Understand TDS rates, exemptions, and sections for FY 2024-25. Stay compliant to avoid penalties. Comprehensive TDS rate chart for...
CA, CS, CMA : Learn about latest income tax slabs for FY 2023-24 (AY 2024-25) in new tax regime, including notable changes and how they affect t...
Income Tax : updated income tax rates for individuals, HUFs, partnerships, and companies for AY 2023-24 & 2024-25 ie. FY 2022-23 & 2023-24...
Income Tax : Article discusses Income Tax Penalties for Failure to deduct TDS / TCS in full and part, Quoting false TAN in challan/ statements,...
Income Tax : Updated TDS Rate Chart for FY 2023-24 (AY 2024-25). Find the latest rates for tax deduction at source for various transactions. Ea...
Goods and Services Tax : As per these recommendations, the list of 28% GST rated goods is recommended to be pruned substantially, from 224 tariff headings ...
Goods and Services Tax : GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. GST rate...
Goods and Services Tax : Council has broadly approved the rates of GST Compensation Cess to be levied on certain goods. The information is being uploaded ...
Income Tax : Income tax rate Chart for Financial Year 2012-13 / Assessment year 2013-14 . Tax Rates For Individuals (Men & Women), Hindu Undiv...
Income Tax : Download TDS Rate Chart for Financial Year (F.Y.) 2011-12 /Assessment Year (A.Y.) 2012-13. Download TDS Rate Chart for Financial...
Finance : rates of interest on various small savings schemes for the first quarter of financial year 2019-20 staring Ist April, 2019 and en...
Finance : Rates of interest on various small savings schemes for the fourth quarter of financial year 2018-19 starting 1stJanuary, 2019, and...
TDS Rate Chart For Assessment year 2021-22 /Financial Year 2020-21 As we all are aware that yesterday our Honourable Finance Minister has conducted press release. In that press release she declared that The TDS rates for all non-salaried payment to residents, and tax collected at source rate will be reduced by 25 percent of the […]
This article unwinds the features of the new tax structure,compares the new tax scheme v/s the old to provide you with relief from the dilemma. The tax regime to choose to pay the minimum tax will depend upon individuals and is purely based on income and investments made by the taxpayer.
The Finance Minister Nirmala Sitharaman in Union Budget, 2020 introduced new Income Tax regime. In New Income Tax regime, there is an option for individuals and HUF (Hindu Undivided Family) to pay taxes at lower rates. They have to select the Tax regime for the year in the beginning of the Financial Year (FY). Now, many are confused […]
In this Article we update you about the Income tax slab rates applicable to different types of taxpayers such as Individual, HUF, Partnership Firms, AOP/BOI, Co-operative Society, Local authorities, Domestic as well as Foreign Companies, etc for assessment year 2020-21 i.e. financial year 2019-20. Articles compiles Income Tax Rate Chart for Financial Year 2019-20 after […]
Honourable finance minister while presenting the budget has provided an option to Individuals and HUFs to pay tax according to new rates. The optional rates as per Section 115BAC and their comparison with existing rates are as following. New Rates Existing Rates Sr. No. Total Income Rate Sr. No. Total Income Rate 1 Up to […]
Find out the income tax rates for assessment years 2019-20 and 2020-21. Learn about the different tax brackets and rebates under Section 87A.
Income tax slab rates are decided and governed by Income Tax Act 1961 and are subject to change every year. Here are the income tax slab rates for the Financial Year 2019-20 (relevant to Assessment Year 2020-21) for Resident Individual (Below 60 Years Old), HUF and AOP/BOI/Artificial juridical person, Senior Citizens (60 Years Or More […]
Discover the updated income tax rates for AY 2020-21 / FY 2019-20 for different categories of taxpayers and sources of income.
Income Tax Rate Chart for Financial Year 2019-2020 i.e. Assessment Year 2020-21 for individuals and companies, covering the proposed Finance Bill 2019 amendments, are tabulated here under – Income Tax Slab for Individuals – Income Tax slab for Resident Individual (below the age of 60 years as on the last day of the relevant previous […]
The term ‘TDS’ refers to ‘Tax Deduction at source’. It is a mechanism wherein a person responsible to pay a sum of specified nature shall deduct an amount towards TDS and pay it to the credit of Central Government. Various TDS rates on various incomes have been prescribed under the Income-tax Act. This write up […]
