I live in the UK and hold a British passport. I have NRE accounts with savings of ₹50 lakh, on which I get interest. Do I have to pay tax in the UK or India?
—Name… Read More...
To provide relief to senior citizens aged above 75 years, the government, in its Budget 2021, has proposed an exemption for them from filing income tax returns (ITRs).… Read More...
The deadline to file Income Tax Return for the financial year 2019-20 is December 31. Those who don’t adhere to the deadline will have to pay Rs 10,000 as penalty. This year, the… Read More...
The filing of Income Tax returns can be a tricky and tedious process but is something every earning individual has to do. There are three steps involved in the process. Firstly, the… Read More...
New Delhi: Around 4.37 crore income tax returns for fiscal 2019-20 (Assessment Year 2020-21) have been filed till December 28, the I-T department said on Tuesday. With just three… Read More...
The last date to file Income Tax Return (ITR) for the assessment year 2020-21 is December 31. The filing of ITR is a cumbersome task and many people get it done through chartered… Read More...