Benefits available for senior citizens under Income Tax . . . . .

Senior citizens and a very senior citizen are granted a higher exemption limit as compared to normal tax payers. Exemption limit is the quantum of income up to which a person . . . . .

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Different forms of returns under Income Tax . . . . .

Under the Income-tax Law, different forms of returns are prescribed for different classes of taxpayers. The return forms are known as ITR forms (Income Tax Return Forms). The . . . . .

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Improvements in GSTR-1 . . . . .

A revamped & enhanced version of GSTR-1/IFF is being made available on the GST Portal to improve the taxpayer experience. These enhancements, would enable the Saving of the GS . . . . .

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Income Tax Slab FY 2021-22 . . . . .

Income Tax Slab          New Regime Income Tax Slab Rates FY 2021-22 (Applicable for All Individuals & HUF) Rs 0.00 – Rs 2.5 lakh       â . . . . .

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Various Cash Payment Limits . . . . .

For Businesses Any expense paid in cash exceeding Rs. 10,000 shall be disallowed. This applies to payments made in respect of any expense in cash in excess of Rs. 10,000. T . . . . .

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