Tax Refunds

Mistakes You Didn’t Know You Were Making with ITR Filing

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Filing income tax return (ITR) is a compliance requirement that needs to be attended by taxpayers every year. Most people have no clue about how it works and end up making mistakes that can take away a lot of their time and energy. There are some individuals who make the mistake of not filing the tax return itself. While a category of persons has been made exempt from tax … [Read more...] about Mistakes You Didn’t Know You Were Making with ITR Filing

Adopt Efiling for Its Ease and Security

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In 2007, the Income Tax Department started the facility to e-file income tax return (ITR) online for individual taxpayers, under its agenda of e-governance. Today, e-filing of ITR is among the most popular facilities introduced by the government of India. In the Financial Year 2011-12, more than 16 million returns were filed online. That is 4000% growth in 5 years. However, the … [Read more...] about Adopt Efiling for Its Ease and Security

Gold Investment: Top 5 Reasons for Investing in Gold

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View quick summary Investing in gold is among the best options for long term needs, happiness and security. Investment in gold works both in hedge market fluctuation and inflation. Gold prices are less volatile than equities and gold gives a good return even in falling markets. Gold can be bought in physical form or in the form of ETFs (Exchange Traded Funds). It is easier … [Read more...] about Gold Investment: Top 5 Reasons for Investing in Gold

Income Tax Refund: Time to Hit the Road

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With slowing economic growth impacting tax revenue collections, the finance ministry is proposing to make good this shortfall by slower refunds. Signaling this, finance secretary R.S. Gujral, who was addressing the annual income-tax (I-T) commissioners’ conference, directed the field staff to go slow on I-T refunds, which had aggregated a record Rs. 95,278 crore in FY 2011-12. … [Read more...] about Income Tax Refund: Time to Hit the Road

TaxSpanner sets up 1500 Tax Spanning Stations across India

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TaxSpanner, India’s largest and most trusted website for e-filing of income tax returns has kicked off the process of setting up 1500 Tax Spanning Stations across the country to assist taxpayers with accurate preparation of their income tax return (ITR), claiming refund and filing ITR. With the due date to file taxes coming closer, the Tax Spanning Stations initiative is a part … [Read more...] about TaxSpanner sets up 1500 Tax Spanning Stations across India