After the Union Budget 2023 announcements, many individual taxpayers are likely to wonder if they should make use of the new income tax slabs under the new tax regime to save tax in the current financial year, 2022-23 (ending on …
Most banks have revised their FD interest rates since the Reserve Bank of India (RBI) raised its repo rate to 6.5 per cent earlier this month. Whenever RBI increases the repo rate, interest rates on fixed deposits also go up, the…
The Reserve Bank of India (RBI) has released the list of bank holidays for March 2023. There will be a total of 12 holidays, including various festivals, second and fourth Saturdays, and four Sundays. To avoid any inconvenience,…
RTGS and NEFT are the popular mode of payment now a days. It enables to pay or receive the sum very fast and cheaper too. So RTGS and NEFT almost replaced the old form of payment like cheque and demand draft. It completes the tra…
The government has extended various income tax-related deadlines to provide relief to individual taxpayers impacted by the novel coronavirus pandemic. Some of these deadlines include filing of belated income tax return (ITR) for …
There is a flurry of activity in the accounting departments of large companies as they get their staff and systems ready for another significant change in GST from October 1 — e-invoicing. Most people concur that the idea is good…
The Central Board of Direct Taxes (CBDT) has clarified that investors need not furnish scrip-wise details (for day trading and short-term sale or purchase of listed shares), while filing of tax returns for assessment year 2020-21…
