Form 16: Employees Can File ITR Without Form 16?

Form 16 is the most important document for all employees to file income tax returns. So, what is this Form 16? What details does it include? Only file tax returns with this Form 16. What are financial experts’ suggestions, and what is the importance of Form 16 in Submitting ITR? Let us know the complete information now.

SMS on TDS: Salaried Taxpayers Received from Income Tax Dept? Do not panic

Many salaried employees across the country are receiving messages from the Income Tax Department regarding the tax deducted at source (TDS) on their wages. These messages contain details of the total TDS for the financial year 2023-24, including details of TDS deducted by employers for the quarter that ended on December 31. If you have … Read more

Financial Calendar & Important Dates for Tax Payers & Investors 2024-15

As taxpayers, we have recently entered the new financial year 2024-25, which started on April 1, 2024. This means that we need to be aware of some new changes and important financial deadlines. It’s a good time to review our financial situation and plan for the coming year. We need to make important decisions regarding … Read more

Do You Know Section 80C, 80G and 80GGA Tax Benefits on Donations?

Income Tax Department Section 80C, 80G and 80GGA Offered various tax benefits on donations to charitable organizations; everyone must be aware of the Section 80C, 80G and 80GGA Acts before clime tax benefits. Many people may not be aware that donors can avail themselves of tax saving benefits on donations. The Indian Income Tax Act’s … Read more

Alert to PAN Card Holders! Dont Make These Mistakes

A PAN card is considered one of the most crucial documents for Indian citizens. It is mandatory for various transactions like opening a bank account, buying a vehicle, or purchasing any property. However, it is important to take necessary precautions while using the PAN card; otherwise, you may be fined up to Rs. 10,000. One … Read more

Pay Advance Tax Before Deadline to Avoid Penalties

Must Pay Advance Tax without Failure to Avoid unwanted Penalties. Eligible employees, traders, and self-employed individuals must pay advance tax before the deadline. Here is the calculator to estimate your advance tax. Attention taxpayers! If your income tax payable is more than Rs. 10,000, you must pay advance tax. March 15th is the last day … Read more