Articles by Rashmi

Speed Up Your Income Tax Refund: Simple Steps to Get Your Money Faster

Posted by Rashmi 08 August 2023 6308 Views

Receiving an income tax refund is like finding a little treasure in your mailbox, but the wait can be a test of patience. Luckily, there are practical ways to make the process quicker.

Be Cautious of Fake Income Tax Refund Messages: Protect Yourself from Scammers

Posted by Rashmi 05 August 2023 1119 Views

As the Income Tax Return filing deadline for non-audit cases for the assessment year 2023-24 has passed, many taxpayers have begun receiving their refunds after their returns have been processed by the tax department.

Recommendations of 51st GST Council Meeting

Posted by Rashmi 03 August 2023 4773 Views

In its recent 51st meeting, the GST Council proposed some important changes to the CGST Act 2017 and IGST Act 2017. These changes are aimed at bringing more clarity to the taxation of certain activities like casinos, horse racing, and online gaming.

Demystifying the Record-Breaking Surge in Income Tax Returns

Posted by Rashmi 02 August 2023 14692 Views

Record-Breaking Surge in Income Tax Returns: A Comprehensive Guide to Checking and Understanding Your ITR Status Online

Your Complete Guide to Filing Belated Income Tax Returns: Important Dates, Penalties and Benefits

Posted by Rashmi 01 August 2023 4855 Views

When you file a belated income tax return, you need to pay a late filing fee and penal interest on any taxes you owe. Here's what you need to know about filing a belated income tax return in simple English.

File Income Tax Return Even if PAN is Inoperative - A Guide

Posted by Rashmi 31 July 2023 7243 Views

According to the Income Tax Department, if you forgot to link your PAN with Aadhaar by June 30, 2023, you can still file your income tax return. The last date to file ITR for individuals not requiring audit for FY 2022-23 (AY 2023-24) is July 31, 2023.

Ways to Avoid TCS on Foreign Tour Packages: A Guide for Indian Travelers

Posted by Rashmi 28 July 2023 36394 Views

This article aims to provide a comprehensive guide on how to potentially avoid the TCS and save on travel expenses when booking foreign tours.

Filing Income Tax Returns: Understanding Deadlines and Penalties in India

Posted by Rashmi 28 July 2023 5069 Views

In this article, we will discuss the changes in penalties for missing the ITR filing deadline and understand the implications for taxpayers based on their income levels.

Surge in Zero-Tax Income Tax Returns: A Closer Look at India's Tax Landscape

Posted by Rashmi 25 July 2023 10755 Views

India witnessed a record number of Income Tax Return (ITR) filings in FY23, reaching an impressive 74 million. Surprisingly, a significant portion of these filings, 70% to be precise, were zero-tax ITRs, indicating that taxpayers claimed nil tax liability

Income Tax Department Tightens Scrutiny Against False Deductions and Exemptions for Salaried Individuals

Posted by Rashmi 24 July 2023 33501 Views

Salaried individuals are being warned to be cautious while filing their Income Tax Returns (ITRs) this year. The Income Tax Department has increased its scrutiny and is seeking documentary evidence against bogus deductions and exemptions claimed by some taxpayers.