A new regulation was introduced by the Government of India through the Finance Act 2020 effective from FY 2020-21. With this regulation, the employer contributes to the Provident Fund (PF), Superannuation Fund (SAF) and National Pension Scheme (NPS; now further referred to as specified funds), in excess of Rs 750,000, in each financial year. Will …
The Central Board of Direct Taxes (CBDT) has introduced new income tax return (ITR) forms for the 2021-22 exam year on Thursday. The country’s top tax official said no significant changes had been made to ITR forms compared to last year to help taxpayers due to the ongoing crisis over the COVID epidemic. Only with …
CBDT introduces new ITR forms AY 2021-22, unchanged submission process Read More »
CBDT on Saturday said a new proposed online payment system and mobile app on its website which will be launched soon will open on June 18 as the site will be operational on Monday. A new e-filing link – www.incometax.gov.in – will replace the existing HYPERLINK “http: // www.incometaxindiaefiling.gov.in” existing – www.incometaxindiaefiling.gov.in from June 7. …
