File your IT returns with Paisaa.in
Introduction
In my previous articles I have explained the details about the IT returns and why filing IT returns is very important. I have not mentioned anything about the filing IT returns online by using the website. In this article I will be writing about one of the popular website in that area and it is [...]
PNB Tax Saver Fixed Deposit Scheme
Tax Savings Fixed Deposit
I have written posts about the tax savings fixed deposit and why the fixed deposit is good for the monthly income. This will be suitable when the interest rates of the fixed deposit is high. In the recent times, all the banks have reduced the fixed deposit interest rates very low and [...]
Perquisites will be taxed from 1st April, 2009
It is hard time for the salaried people. Income Tax India has just send the notification for collecting the tax for perquisites availed by the employees since 1st April, 2009. We already know that budget 2009-10 announced the removal of Fringe Benefit Tax(FBT) , but, the exact rate at which it will be collected is [...]
How to Know Status of ITR V ?
Introduction
In this article I will be writing about how to find the status of ITR V form. You have to submit the ITR V form to the Income Tax office in Bangalore to complete the e-filing of Tax Returns. The time limit for submitting the ITR V has been extended to September 30, 2009. This [...]
How to apply PAN card from abroad?
Introduction
In this article I will be writing about the steps to get the PAN card while you are staying in abroad. It is simple to get the PAN card even if you are NRI staying in the abroad, you need not come to India for applying the pan card. This blog post explains the steps [...]
Income From House Property
Introduction
In this article I will be writing about the income from house property. If you have a individual house or appartment which you gave for the monthly renatal, the income arise from such property is considered as the other income and will be shown in the income tax returns. But, there is deductions and calculations [...]
Time Limit For Filing ITR-V Form Till 30th September
The Central Board of Direct Taxes had, vide circular No.3/2009 dated 21.05.2009, allowed assessees who file their income tax returns in electronic form without digital signature to submit their verified ITR-V form, within a period of 30 days, thereafter. The ITR-V form was required to be sent to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100, [...]
New Tax Code to be UnVeiled
In this post I am writing about the new tax code which will be announced by the next budget. The news about the new tax code looks very good and it is heaven for the salaried people because it is mostly benefited from the salaried professionals by slashing the Tax Rates. Lets look into the [...]
Income Tax Exemption Limit Raised (2009-2010)
THE Finance Minister, in today’s budget speech, announced marginal tax benefits for individual tax payers.
He increased the basic exemption limit for male taxpayers and female taxpayers by Rs 10,000 and that of senior citizens by Rs 15,000. Further, he abolished the surcharge of 10% on income over Rs 10 lakh.
The new tax slabs now stand [...]
Tax exemption limit may go up in UPA’s govt
The full budget to be presented by the new government in the forthcoming session of Parliament to begin sometime next month may come packed with some concessions for the middle class by way of raising the tax exemption limit to up to Rs 1.75-Rs 2 lakh from the current Rs 1.50 lakh.
The other benefit in [...]
