Easy Office
LCI Learning

Articles by Anand Satyapanthi

avatarView Full Profile

Major updates in ITR Forms for AY 2017-18

  Anand Satyapanthi    06 April 2017 at 11:24

IT Department has reduced the number of ITR Forms from 9 to 7. ITR-2 will subsume the existing ITR-2, ITR-2A and ITR-3



Real estate bill passed: Here are the benefits for home buyers

  Anand Satyapanthi    16 March 2016 at 11:22

The much awaited Real Estate Bill was passed in Lok Sabha on Thursday, 10th March, 2016. The core objective of the bill is to protect the buyer�s interest and also to bring the transparency to the sector.The bill was presented in 2013 and amend



Comparison of Union Budget 2016-17 vs. Budget 2015-16

  Anand Satyapanthi    08 March 2016 at 11:08

India�s Union Budget 2016-17 was presented by Finance Minister Arun Jaitley when we are evidencing the global economy in a serious crisis. Over the last two years, global growth has contracted



Tax basics for Freelancers and Startups

  Anand Satyapanthi    29 February 2016 at 10:20

Freelancers and Startups are the people who decide to take charge of their life and turn their passion into profession. So, they don�t have any authority or readily organised structure of company to be a part of. The freelancers and startups ma



Your basic guide to interpret income tax notice

  Anand Satyapanthi    22 February 2016 at 10:59

People visualise a red light blinking when they hear the term Income Tax Notice. What they don�t know is that receiving an Income Tax Notice is not as big deal as they make out of it. One needs to understand the reason behind receiving it and t



Save for retirement with NPS & save taxes

  Anand Satyapanthi    18 February 2016 at 11:07

What is NPS?Prior to the year of 2004, the Indian citizens received Pension on Defined benefit basis. This meant that the employees would receive certain amount from government as they retire. They didn�t have to contribute anything for it.Howe



What is Advance Tax and how to calculate and pay Advance Tax?

  Anand Satyapanthi    15 February 2016 at 10:45

What is Advance Tax?Advance Tax is part payment of your tax liability before the end of the financial year. It is also called pay as you earn scheme where the income tax should be paid in the year in which the income is received.Who is required to pa



A Guide to Understand the Salary Structure

  Anand Satyapanthi    12 February 2016 at 11:13

I bet you never knew the perks of understanding your Salary Structure better!For most people, salary is simply a paycheque they get at the end of each month. The salary structure mentioned in the slip that comes with it hardly attracts any attention



Submit your Disclosure to Claim Income Tax Deductions

  Anand Satyapanthi    10 February 2016 at 10:44

Are you eligible to any Income Tax Deductions this year?You might be eligible to claim income tax deductions. All you have to do is to get it mentioned in your TDS statement. The Employer has the responsibility to deduct Income Tax from the salary of



How to claim refund on tax paid

  Anand Satyapanthi    01 September 2015 at 10:33

One of the most important reasons for filing tax return is to claim excess of tax paid to the government. Corporations and various institutions deduct tax at the time of paying wages or contract fees. However, not all the times the tax is owed to the