Taxation & Law

Indian Laws, Accounting and Taxation News, Service Tax, Financial Planning

How to Find Your Income Tax Circle and Ward

With the increasing usage of Internet for Income Tax related work including tasks such as applying for PAN and TAN or for filing Income Tax returns, the common problem being faced by many taxpayers and assessees is how to find out their particular Circle/ Ward/ Range in which they need to file return with or are assessed with.

All you wanted to know about GST

Probably the biggest tax overhaul system, which independent India has seen could be the introduction of Goods and Services Tax, leave apart the Direct Tax Code (which could replace the Income Tax Act, 1961).

Planning for your Retired Life in India

Are you prepared to play safe the Second Innings of your life? With India having a rich tradition of respect and care for the elders, there is little need to diligently plan for the retirement.

Dealing with Income Tax Search and Seizure

News on income tax raid can be found flashing quite often on your TV screen and in morning newspaper, highlighting the unaccounted cash and wealth of the affected.

LIC Jeevan Astha – taxable insurance?

LIC launched its much advertised policy, Jeevan Astha with great fanfare hoping to garner Rs.25000 crore in 45 days by delivering guaranteed returns.

Income Tax website to have a new look

The official website of Income Tax department www.incometaxindia.gov.in is being revamped and modified to host a whole range of features and utilities.

Last date for Filing Income Tax returns

In the forthcoming Budget, the finance minister may do away with the earlier practice of having different dates for filing Income Tax returns by individuals and corporates.