taxpayers

Tag Archives: taxpayers

Know who must maintain books

For businesses, an audit is generally required when turnover exceeds ₹1 crore in a financial year.

ITR filing for AY 2026-27:

One of the biggest changes is the expansion of eligibility for ITR-1 and ITR-4.

TRACES 2.0: A smarter, simpler

The upgraded platform brings a unified space for all TDS and TCS services.

New income tax forms 2025:

The widely used Form 16 has now been replaced by Form 130.

Avoid double tax on 7.75%

In several cases, the Reserve Bank of India deducted Tax Deducted at Source (TDS) only when the bonds matured.