Mon, Dec 04, 2023
Taxpayers rejoice! The Income Tax Department has introduced a revolutionary new feature – the 'Discard' option. In this video, we’ll delve into the details of this game-changer, explaining its benefits, eligibility criteria, and the simple process of discarding your income tax return. So, whether you're a seasoned taxpayer or a first-timer, this video will equip you with the knowledge to make the most of this convenient option.
More >
Tue, Nov 07, 2023
Don't assume that all transactions between spouses are tax-free. There are some nuanced rules to be aware of, especially when it comes to gifts, investments, and rental income. In this video, we'll break down the key tax implications to keep in mind when dealing with your spouse financially.
Fri, Sep 15, 2023
The new 20% TCS rule on international travel is coming into effect on October 1st, 2023. Here's what you need to know about how it will impact your travel plans and how you can save money.
Wed, Aug 28, 2019
Income Tax Return e-filing: Last date for income tax return filing is just a few days away and it's advisable for the income tax payers to e-file their I-T return.
Tue, Aug 27, 2019
Income Tax Helpline: ITR filing last date is August 31st and missing the deadline would mean a hefty penalty of Rs 10,000 as well.
Mon, Aug 26, 2019
What Government has planned to end Tax terrorism? watch to know more
Last date to file your Income Tax Return (ITR) is August 31 and people who haven't filed their ITR have less than a week left to file their ITR.
Fri, Aug 23, 2019
Income Tax returns: India's largest online marketplace for financial products Paisabazaar.com has announced that it has received nearly 50,000 registrations in August on its new income tax-filing platform, which is currently in beta phase. The platform had also launched an incentive campaign for tax filers, with lucky draw winners to be rewarded with 5 smart TVs, 100 Bluetooth headsets and mo
Income Tax for Startups: There has been confusion on whether small start-ups with turnover up to Rs 25 crore will continue to get tax relief or not.
Tue, Aug 20, 2019
Senior Citizen Day 2019: Most senior citizens have no earnings after retirement. The most important thing for a senior citizen is to maximize return on investment.
Mon, Aug 19, 2019
Income Tax Reforms: The Akhilesh Ranjan Committee submitted its report to replace the existing Income Tax Act 1961 with a new Direct Tax regime.
Sat, Aug 17, 2019
ITR filing: The extension of the ITR filing date by a month has been done to facilitate those who have not received necessary documents from their employers.
Fri, Aug 16, 2019
Income tax on income from lottery, competition: No income goes untaxed in India! Of course, there are some exemptions provided by the tax department to give relief to people in low-income categories. Tax liability increases as the person starts earning more.
Wed, Aug 14, 2019
Independence Day 2019: An investor with a low-risk appetite can go for indirect stock investment via equity mutual funds instead of direct share market investment.
As technology is improving and intruding into every facet of life, moving us all ever quickly towards a completely digital lifestyle, the number of ways to rob innocent people of their hard-earned money are also increasing. Yes, shockingly, that is true!
Tue, Aug 13, 2019
National Pension System: NPS would give 2 per cent extra returns than PPF as the earlier option has equity exposure to one's investment.
Wed, Aug 07, 2019
Public Provident Fund or PPF investment is basically for those investors who want a fixed return at the end of their retirement but with flexibility.
Fri, Aug 02, 2019
Public Provident Fund or PPF investment is basically for those investors who want a fixed return on their retirement but with the flexibility to take out money after a certain period for various big expenses.
Income Tax Return Filing has become fast and easy like never before with the launch of a ‘lite’ e-filing facility by the Income Tax department. This will facilitate easy and quick filing of returns by taxpayers.
Thu, Aug 01, 2019
ITR Filing: The 'lite' version has been launched with an aim to enable easy and quick ITR filing by all categories of taxpayers.
Prime Minister Narendra Modi-led Union Government has once again extended the deadline of the task force for the formulation of a new direct tax code.
Wed, Jul 31, 2019
Income Tax Exemption: The Income Tax Act (ITA) provides for exemption from tax on long-term capital gains under two separate sections, Section 54 and Section 54F.
Income Tax Refund: One can file her or his income tax return for claiming a refund even if income does not exceed the exemption limit due to TDS or advance tax payment.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
![Demystifying the New "Discard" Option in Income Tax Returns: A Comprehensive Guide for Taxpayers](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2023/12/04/00000022.jpg?itok=LA5Ghiab "Demystifying the New "Discard" Option in Income Tax Returns: A Comprehensive Guide for Taxpayers")
