ITR

Timelines
Migrant workers to get free-food for next two months: Sitharaman

14 May 2020

Migrant workers to get free-food for next two months: Sitharaman

Addressing media for the second straight day on the economic package announced by Prime Minister Narendra Modi on Tuesday, Finance Minister Nirmala Sitharaman said today's announcement revolves around migrant workers, small farmers, street vendors, etc.

#FinancialBytes: Financial deadlines to watch out for in March 2020

15 Mar 2020

#FinancialBytes: Financial deadlines to watch out for in March 2020

One must stay on top of crucial financial deadlines in order to have an organized financial life and avoid penalties.

You'll be fined Rs. 10,000, if you give wrong PAN

10 Nov 2019

You'll be fined Rs. 10,000, if you give wrong PAN

You need to be extra careful while filling your Permanent Account Number (PAN), as even a minor error in spelling out the ten-digit alphanumeric identity could cost you as much as Rs. 10,000.

Don't have PAN? You can use these two documents, instead

30 Oct 2019

Don't have PAN? You can use these two documents, instead

Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all taxpayers in India.

Benefits and procedure of linking PAN and Aadhaar

28 Oct 2019

Benefits and procedure of linking PAN and Aadhaar

December 31, 2019 is the last date to link your PAN with Aadhaar. Earlier, this deadline was September 30.

Here's how Aadhaar can come handy in emergency situations

15 Oct 2019

Here's how Aadhaar can come handy in emergency situations

With a plethora of government services linked with your Aadhaar, it is one of the most important documents you will ever hold.

Do NRIs need to link their PAN with Aadhaar?

12 Sep 2019

Do NRIs need to link their PAN with Aadhaar?

According to government's notification, it is mandatory to link PAN and Aadhaar latest by September 30, 2019, or your PAN might become invalid.

Automatic PAN generation for taxpayers using Aadhaar to file ITR

04 Sep 2019

Automatic PAN generation for taxpayers using Aadhaar to file ITR

The Income Tax department will now issue a Permanent Account Number (PAN) to taxpayers using their Aadhaar number to file Income Tax returns, as a new method to link the two databases.

Received notice from Income-tax department? These could be the reasons

30 Aug 2019

Received notice from Income-tax department? These could be the reasons

Whether favorable or not, you should never ignore a notice from the Income Tax department.

Need to update/correct details in PAN card? Here's the procedure

28 Aug 2019

Need to update/correct details in PAN card? Here's the procedure

Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department.

Lost/misplaced PAN card? Here's how you can get a duplicate

25 Aug 2019

Lost/misplaced PAN card? Here's how you can get a duplicate

Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India, that is essential for undergoing various financial transactions such as receiving taxable salaries/professional fees, sale or purchase of assets, trading of mutual funds, etc.

Filing your Income Tax return (ITR)? Know these points

24 Aug 2019

Filing your Income Tax return (ITR)? Know these points

August 31, 2019 is the last date to file your Income Tax return (ITR).

PAN card with QR code: All you need to know

23 Aug 2019

PAN card with QR code: All you need to know

According to Income Tax (I-T) Act rules, it is illegal to hold more than one PAN card.

PAN card verification: How to verify your PAN online

22 Aug 2019

PAN card verification: How to verify your PAN online

Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department.

Aadhaar-PAN linkage: Status, deadline, procedure, and other details

17 Aug 2019

Aadhaar-PAN linkage: Status, deadline, procedure, and other details

If your PAN is not linked with Aadhaar, it might get deactivated soon.

How to quote your Aadhaar number in Income Tax return

03 Aug 2019

How to quote your Aadhaar number in Income Tax return

August 31, 2019 is the last date to file your Income Tax return for FY 2018-19.

Protect your Aadhaar data: Here's how to lock/unlock Aadhaar number

02 Aug 2019

Protect your Aadhaar data: Here's how to lock/unlock Aadhaar number

In a bid to strengthen the privacy and security of Aadhaar, the Unique Identification Authority of India (UIDAI) has introduced a feature that enables users to lock/unlock their Aadhaar number.

Income Tax: How salaried individuals can file their I-T return

28 Jul 2019

Income Tax: How salaried individuals can file their I-T return

August 31, 2019 is the last date to file Income Tax return for FY 2018-19.

How to update address and other details in PAN card

25 Jul 2019

How to update address and other details in PAN card

Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to all taxpayers in India by the Income Tax department.

Last date to file Income-Tax return extended to August 31

23 Jul 2019

Last date to file Income-Tax return extended to August 31

In what would come as a relief for taxpayers, the Income Tax department has extended the last date to file I-T returns for FY 2018-19 by one month to August 31.

#FinancialBytes: How to check your Income Tax refund status online

23 Jul 2019

#FinancialBytes: How to check your Income Tax refund status online

Once you are done with the filing and verification of your I-T returns, you can easily keep track of the refund status.

#FinancialBytes: Applying for PAN? Know these points

22 Jul 2019

#FinancialBytes: Applying for PAN? Know these points

Permanent Account Number (PAN) is a unique, 10-digit alphanumeric identity allotted to the taxpayers in India by the Income Tax department.

#FinancialBytes: What will happen if you miss ITR filing deadline

21 Jul 2019

#FinancialBytes: What will happen if you miss ITR filing deadline

July 31, 2019 is the last date to file Income Tax returns for FY 2018-19.

#FinancialBytes: Step-by-step guide to file ITR-1

19 Jul 2019

#FinancialBytes: Step-by-step guide to file ITR-1

July 31, 2019 is the last date to file Income Tax return for FY 2018-19.

#FinancialBytes: Now, use Aadhaar instead of PAN for these transactions

17 Jul 2019

#FinancialBytes: Now, use Aadhaar instead of PAN for these transactions

Earlier this month, Union Finance Minister Nirmala Sitharaman presented her and the new Central government's first budget.

#FinancialBytes: List of documents needed to file Income Tax returns

16 Jul 2019

#FinancialBytes: List of documents needed to file Income Tax returns

July 31, 2019 is the last date to file Income tax returns for FY 2018-19.

You may be fined Rs. 10,000 for entering wrong Aadhaar

14 Jul 2019

You may be fined Rs. 10,000 for entering wrong Aadhaar

Banks and other institutions will soon make upgrades to allow people to quote India's national biometric ID (Aadhaar) for high-value transactions in place of the permanent account number (PAN).

Don't have PAN? Now, use Aadhaar to file Income-Tax returns

08 Jul 2019

Don't have PAN? Now, use Aadhaar to file Income-Tax returns

Union Finance Minister Nirmala Sitharaman on Friday, presented her and the new Central government's first budget.

Financial Bytes: Five reasons why filing income tax is beneficial

01 Jul 2019

Financial Bytes: Five reasons why filing income tax is beneficial

Filing income tax returns (ITRs) on time every year is very important and individuals having an annual income of Rs. 2.5 lakh or more have to file ITRs mandatorily.

#FinancialBytes: Five ways to verify your Income tax returns

01 Jul 2019

#FinancialBytes: Five ways to verify your Income tax returns

You might think that filing your Income Tax return on time is all you have to do.

#FinancialBytes: Filing income-tax returns? Here are some mistakes to avoid

20 Jun 2019

#FinancialBytes: Filing income-tax returns? Here are some mistakes to avoid

Filing income tax returns (ITRs) on time every year is very important. However, the process of filing ITRs can be quite daunting for many individuals.

#FinancialBytes: Latest ITR-1 changes taxpayers need to be aware of

30 May 2019

#FinancialBytes: Latest ITR-1 changes taxpayers need to be aware of

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers.

#FinancialBytes: How to file income tax returns (ITRs) online?

15 May 2019

#FinancialBytes: How to file income tax returns (ITRs) online?

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.

#FinancialBytes: Here are the changes in Income-tax return (ITR) forms

12 Apr 2019

#FinancialBytes: Here are the changes in Income-tax return (ITR) forms

The new Income tax forms have been released online.

#FinancialBytes: New income-tax return forms released; Here's everything to know

09 Apr 2019

#FinancialBytes: New income-tax return forms released; Here's everything to know

The Central Board of Direct Taxes (CBDT) released new income tax return (ITR) forms for the Assessment Year 2019-20.

#FinancialBytes: Mistakes to avoid while filing income tax returns (ITRs)

07 Apr 2019

#FinancialBytes: Mistakes to avoid while filing income tax returns (ITRs)

Filing income tax returns (ITRs) on time every year is very important. However, the process of filing income tax returns can be daunting for many individuals.

Deadline to link Aadhaar with PAN extended by six months

01 Apr 2019

Deadline to link Aadhaar with PAN extended by six months

The Central government has extended the deadline to link Aadhaar with PAN by six months, to September 30, 2019. The previous deadline to link the two IDs was March 31.

#FinancialBytes: What is Form-16? Here's everything you need to know

08 Mar 2019

#FinancialBytes: What is Form-16? Here's everything you need to know

Almost every salaried individual must have heard of Form 16, which is an important document in the e-filing of income tax returns.

India successfully test-fires nuclear-capable Agni-5 missile, 2nd test in 6-months

10 Dec 2018

India successfully test-fires nuclear-capable Agni-5 missile, 2nd test in 6-months

India has successfully test-fired nuclear-capable ballistic missile Agni-5, which has a strike range of 5,000km, from Dr. Abdul Kalam Island off the Odisha coast today.

#FinancialBytes: Income tax deductions taxpayers can claim under Section 80C

29 Nov 2018

#FinancialBytes: Income tax deductions taxpayers can claim under Section 80C

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers.