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Tag Archives: income tax

Things to know about gift

The taxpayer has to disclose about gifts received in a financial year while filing income tax returns. 

Budget 2021: Key changes in

To remove double taxation for NRIs, the government proposed new rules.

Proposal for new tax regime

There is a proposal to introduce a new tax bracket of 35 per cent for the super-rich who are earning above ₹2 crore each

Changes in new ITR forms

The new ITR forms require elaborated details for all sources of income that is disclosed by the assessees.