Every year taxpayers not just in lakhs but in crores file their income tax return. Majority of them have done it more than once. For others, it is the first step towards their annual tax compliance journey. Whether you are a first time tax return filer or a seasoned one, there are some things that anybody can go wrong with. But if we have some facts listed out in front of us, … [Read more...] about Tax Filing Mistakes to Avoid in Your Return
How new income tax returns forms will simplify your tax life
The government last month notified the new income tax returns forms. As per the new norms, an individual or HUF who does not have capital gains, income from business/profession or foreign asset/foreign income can file a shorter version of ITR2, i.e. ITR 2A. In case you sold any asset during the year then old ITR form 2 needs to be filed. The software for these forms has been … [Read more...] about How new income tax returns forms will simplify your tax life
We Don’t Sell Your Data to Investment Companies
96 <!-- e-File your 2016 Income Tax Return with TaxSpanner's Brand Guarantee tr{vertical-align: top}#outlook a {padding: 0;}.ExternalClass {width: 100%;}.ExternalClass,.ExternalClass p,.ExternalClass span,.ExternalClass font,.ExternalClass td,.ExternalClass div {line-height: 100%;}#backgroundTable {margin: 0;padding: 0;width: 100% !important;line-height: 100% … [Read more...] about We Don’t Sell Your Data to Investment Companies
Your Compounded Tax Savings till Retirement
Tax filing season 2016 has just started and you could already be looking for the free filing options to save a few hundred rupees. Free filing options may look attractive. However, they do not guide you on how you can save tax to create a secure future for your family. For example, if your current age is 30 years and you would retire at 60 years, your compounded Tax Savings … [Read more...] about Your Compounded Tax Savings till Retirement
NPS Can Help Staff Get 1-3% More at No Extra Cost to Cos
TAX ADVANTAGE Employees can save additional tax of up to 3% of their basic salaries if companies roll out the New Pension System HR managers and CFOs struggling to retain talent without escalating wage costs might get help from an unlikely source this year. If companies roll out the New Pension System (NPS), their employees can save additional tax of up to 1-3% of their basic … [Read more...] about NPS Can Help Staff Get 1-3% More at No Extra Cost to Cos
