IT department recently reminded the taxpayers to pay their first installment of the advance tax by tweeting a reminder from its handle. In this episode of Mint money Talks, CA Nitesh Buddhadev explains the various ITR forms and who they apply to. He also explains the major tax filing changes.
15 Jun 2023The move is likely to be denounced by Beijing, even though the US first signaled its plans to approve the sale a year ago in an informal notification to Congress and it could still be years before the jets are delivered
2 min read15 Aug 2020SBI customers can get Form 16A which is also known as TDS Certificate from the bank branchesSBI has also shared TDS Certificate (Form 16A) with all the customers whose mail IDs are registered with the bank
2 min read26 Jul 2020The deadline for filing the TDS return by the employers has been extended till 31 July and the date for issuance of Form 16 by the employers has been extended till August 15.
2 min read3 Jul 2020The dogfight took place following the February 14 Pulwama suicide bombing which claimed the lives of 40 CRPF personnelThe letter represents the first admission since February from the US of its concerns about how Pakistan used its fleet of F-16s
1 min read12 Dec 2019The Spicejet flight, with 120 passengers, was on its way from New Delhi to Kabul when it was intercepted, a news report saysAfter intercepting the flight, the Pakistani fighter jets then escorted the airliner out of the country's airspace, the report says
1 min read17 Oct 2019Lockheed is bidding for a contract to supply the IAF with 114 combat planes and has offered to shift its F-16 production line from the US to IndiaLockheed said the wings of all future F-16s that the firm will sell worldwide will be produced in a JV with Tata Advanced Systems in Hyderabad
2 min read26 Sep 2019A Form 16 is a certificate issued by the employer to its employees for each financial year, under Section 203 of the Income-tax Act, 1961In the new format, the employer has to give a break-up of salary components and deductions claimed
1 min read11 Sep 2019There are a bunch of documents you need to have with you before you even start filing your taxes. These include your Form 16, documents pertaining to other sources of income, interest certificates, any investment or expense proof, and so on. Know what all you need to file your tax returns.
27 Aug 2019To avoid paying a penalty, disclose all incomes, including the ones that are tax-exempt, when filing ITRInterest earned from bank, post office deposits are tax-exempt till a certain limit but it still needs to be shown in ITR
6 min read4 Aug 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared