All PAN cards printed now are with enhanced QR code with following new features Enhanced QR Code will contain Photograph & Signature of PAN applicant apart from existing information i.e., PAN, Name, Father’s Name/Mother’s Name, Date of Birth/Incorporation/Formation. The aforesaid details will be digitally signed & coded on the EnhancedContinue Reading
In view of the constraints due to the COVID-19 pandemic & to further ease compliance’s for taxpayers, the CBDT has extended the due date for filing of Income Tax Returns for FY 2018-19 (AY 2019-20) from 31st July, 2020 to 30th September, 2020, vide Notification dated 29th July, 2020Continue Reading
The Cost Inflation Index (CII) for the financial year (FY) 2020-21 has been notified as 301 by the Ministry of Finance. The notification is dated June 12, 2020. For the previous financial year CII was 289. This number is important as it is used to arrive at the inflation adjustedContinue Reading
No fee, no worries!! Now get your PAN Instantly for free. Just visit the e-filing portal of IT Department to generate your ePAN within minutesContinue Reading
Investment in Tier-I account of NPS via your employer allows you to claim a deduction from your gross total income under the Income-tax Act even under the new lower tax regime. Here’s all you need to know about itContinue Reading
The finance minister also announced that the due date of all income tax (I-T) returns for assessment year 2020-21 will be extended to November 30, 2020. Tax experts said the move to reduce TDS and TCS will help increase liquidity in the systemContinue Reading
