New ITR form gets simpler. Read to know more about salary breakup

Income tax return form: The new ITRs have been uploaded on the official website of the department–www.incometaxindia.gov.in. The last date for filing the ITR is July 31. The Central Board of Direct Taxes notified the new Income Tax Return (ITR) forms for the financial year…

5 income tax changes applicable from April 1, 2018

On the gains capital exceeding Rs. 1,00,000 on sale of equity share or units of equity-linked funds, 10% tax will be applied from April 1. In the budget 2018 speech, Arun Jaitley has introduced various tax changes which will come into effect from April 1,…

SBI reduces penality on non-maintenance of minimum balance by upto 75%

Press Trust of India, New Delhi The State Bank of India today reduced its charges on non-maintenance of an average monthly balance (AMB) in savings account by up to 75 per cent, effective April 1. The charges for non-maintenance of AMB for customers in metro…